{"id":90342,"date":"2024-03-22T00:00:00","date_gmt":"2024-03-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/response-plus-fidelity-united-report-2023-earnings\/"},"modified":"2024-03-22T00:00:00","modified_gmt":"2024-03-22T00:00:00","slug":"response-plus-fidelity-united-report-2023-earnings","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2024\/03\/22\/response-plus-fidelity-united-report-2023-earnings\/","title":{"rendered":"Response Plus + Fidelity United report 2023 earnings"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Response Plus Holding\u2019s bottom line climbed 68% y-o-y to AED 49k in 2023<\/strong>, according to the company\u2019s <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2011.pdf\" style=\"\" rel=\"noopener\">financial statements (pdf)<\/a>. The Abu Dhabi-based healthcare service provider recorded revenue of AED 345k during the period, rising 8% y-o-y. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company\u2019s board approved distributing AED 20 mn in dividends for the year<\/strong>, equivalent to AED 0.1 per share, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2010.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fidelity United Ins. reported a net loss of AED 17.4 mn in 2023 compared to a net <\/strong><strong>income <\/strong><strong>of AED 3.6 mn in 2022<\/strong>, due to the implementation of <a target=\"_blank\" href=\"https:\/\/www.ifrs.org\/issued-standards\/list-of-standards\/ifrs-9-financial-instruments\/\" style=\"\" rel=\"noopener\">IFRS 9 Financial Instruments<\/a>, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/3\/2000.pdf\" style=\"\" rel=\"noopener\">ADX disclosure (pdf)<\/a>. The company\u2019s total revenues stood at AED 566.1 mn during the year, up 43% y-o-y. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fidelity United\u2019s total revenue stood at 566.1 mn, up 43% y-o-y<\/p>\n","protected":false},"author":1,"featured_media":90343,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1596],"tags":[237,7,1085,1086],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-90342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-earnings-watch","tag-enterpriseam-uae","tag-fidelity-united","tag-response-plus-holding","wpautop","entry"],"acf":{"mongo_id":"834be623-c3c9-45c4-8ef9-332e4945904c","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/9\/tax-abacus-1600px.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Response Plus + Fidelity United report 2023 earnings","related_issue":[90325],"teaser":"Fidelity United\u2019s total revenue stood at 566.1 mn, up 43% y-o-y","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/3\/.6aaf3a9d-1751-4662-93b1-eb39dba724db.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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