Alpha Dhabi’s Response Plus Holding reports net profit of Dhs2.4m in H1 2022

Response Plus Holding (RPM), a subsidiary of ADX-listed Alpha Dhabi, and provider of remote health and emergency services in the GCC region, has reported a strong performance in the half-year results ending June 30.

The company achieved Dhs162.6m in revenue in H1 2022, compared to Dhs70.1m achieved during the same period of last year. The company achieved a net profit of Dhs20.6m in H1 2022, compared to Dhs12.5m during the same period in 2021. Total assets at the end of June 2022 stood at Dhs323.7m.

The group is focused on expanding its footprints in Saudi Arabia, India and Egypt, towards which significant investments and advancements have been made in the current year.

The group is in the process of setting up an occupational health center in Damman (KSA), establishing a training center in Riyadh, and imminently commence medical training, global patient transfer, and operation of remote site services in India, for which a new subsidiary was set up in Q2 2022.

In addition, RPM continues to expand its services in core UAE markets, with new contract wins for the provision of emergency medical services for presidential flights, outsourcing and management of SEHA ambulances, and supply of medical manpower to SEHA, in addition to new contracts for remote site clinics and events.

Major Tom Louis, CEO of Response Plus Holding, said, “The company has sustained its financial growth trajectory, which is well supported by strong Q2 results. While external socioeconomic factors continue to impact the market dynamics, we remain committed to supporting our clients to navigate these challenges, which was reflected in our Q2 performance.

“We remain excited about our growth prospects, with strong foundations laid down in the new geographies of KSA, India, and Egypt over the past 12 months, allowing us to scale up and achieve continued sustainable revenue and profit growth in the years to come.”