26th Jun 2014 12:16
LONDON (Alliance News) - NMC Health PLC Thursday said it expects its results and financial position to be in line with its own expectations when it reports its first-half results.
In a statement, NMC, which will report its interim results for the six months to the end of June on August 19, said that it expects to open Brightpoint Womens Hospital in Abu Dhabi and DIP General Hospital in Dubai in the first week of July. It said that regulatory licences have been received to start seeing patients.
This means that NMC has now completed four of the five additional healthcare facilities it to which committed during its initial public offering in April 2012.
NMC said that the development of its largest capital projects, Khalifa City Hospital, which is scheduled to open in the first-half of 2015, and the Sanaiya Medical Center in Al Ain, scheduled for the second half of 2014, are progressing well.
The two hospitals will expand NMC's geographic presence, increase its service offering and competitive advantage in the UAE market, according to Chief Executive Bavaguthu Shetty.
NMC shares were Thursday quoted at 477.90 pence, up 4.0%.
By Samuel Agini; [email protected]; @samuelagini
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