Dubai: Amanat Holdings, a UAE-based health care and education investment company, said Thursday it recorded a net profit of Dh39.9 million for the period ending September 30, 2017, a 8.5 per cent increase compared to the same period in 2016. The company’s total income grew to Dh75.6 million, a 21.8 per cent increase compared to the same period in 2016, it said in a statement, adding that the company’s “strong” results were driven by a 67.2 per cent increase in the share of income from associates, which stood at Dh23.5 million for the third quarter, compared to Dh14.1 million for the same period last year.
Amanat reports 8.5% jump in third quarter net profit
Growth was driving by increased demand for health care and education services