PureHealth proposes $163m dividend as profit and revenue rise
PureHealth, the largest healthcare platform in the Middle East, plans to pay a dividend after net profit posted double-digit growth, driven by added capacity, service diversification and an expanded patient base.
The company has proposed distributing AED600 million ($163 million) in dividends for 2025, equivalent to 30 percent of net profit, to be paid in two equal semi-annual instalments.
Net profit rose 18 percent last year to AED2 billion, despite a higher tax rate of 15 percent compared to 9 percent in 2024, the company said in a statement to the Abu Dhabi Securities Exchange (ADX).
Annual revenue gained 6 percent to AED27.3 billion, driven by strong growth across the company’s two verticals: cover and care.
Operational beds were up 27 percent at 6,900 across the UAE, the UK, Cyprus and Greece. Patient interactions rose 16 percent to 11 million.
The company’s inpatient and outpatient volumes jumped 22 percent and 17 percent, respectively.
In October, PureHealth acquired a 60 percent stake in Hellenic Healthcare Group, a private healthcare company operating in Greece and Cyprus, for €800 million ($950 million).
Subsidiaries of PureHealth, part-owned by Abu Dhabi sovereign fund L’imad, include Abu Dhabi Health Services Company, which operates a network of UAE hospitals and clinics, and health insurer Daman.
The stock rose 0.4 percent to close at AED2.76 on Monday, up 8 percent year-to-date.
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