Dubai - Mubasher: London-listed NMC Health reported a 38.2% surge in net profit for 2017 to reach $209.2 million.
Revenues stood at AED 1.6 billion last year, rising 31.3% year-on-year as compared with 2016.
The Abu Dhabi- based company also said that its acquisitions in 2018 may exceed the $641 million it spent in 2017.
The healthcare sector in the GCC region is growing due to the increasing number of wealthy population who are more vulnerable to lifestyle diseases such as diabetes and obesity.
In 2017, NMC has acquired Al Zahra Hospital in Sharjah for $322 million.
NMC, listed on the Financial Times Stock Exchange 100 Index (FTSE), manages more than 125 assets in 13 countries.
