Abu Dhabi – Mubasher: Burjeel Holdings posted lower net profits attributable to the shareholders at AED 36.37 million in the first quarter (Q1) of 2025, compared to AED 102.01 million in Q1-24.
Meanwhile, the revenues increased by 5.70% year-on-year (YoY) to AED 1.27 billion in Q1-25 from AED 1.20 billion, according to the financial results.
Basic and diluted earnings per share (EPS) attributable to the owners amounted to AED 0.007 as of 31 March 2025, down from AED 0.020 in the year-ago period.
John Sunil, CEO of Burjeel Holdings, said: “The first quarter of 2025 presented a number of operational challenges, with group performance impacted by a sharper-than-anticipated slowdown in March and delays in the conversion of complex care programs.”
“While these factors led to a shortfall against internal expectations, a strong start in January and February, along with encouraging early signs in April, underscore the resilience of our platform and the sound fundamentals of the business,” Sunil elaborated.
He added: “Our expanding presence in high-potential markets, together with the continued integration of complex care capabilities, including oncology, transplants, fertility, and advanced medical technologies, is broadening access to specialized care for a growing patient base. These investments are expected to deliver meaningful results over the coming quarters.”
Last year, the ADX-listed group’s net profits attributable to the owners shrank to AED 347.45 million from AED 516.19 million in 2023.
