3rd Jan 2014 08:38
LONDON (Alliance News) - NMC Health PLC Friday said it expects to report results for its 2013 financial year in line with expectations and new projects are moving forward as planned.
The private sector healthcare provider operating in the United Arab Emirates said that for the full-year ended December 31 its net debt position, capital expenditure and operational cashflow are also anticipated to be in line with expectations.
The company said it is pleased with progress and patient flow at its Mussafah Day Patient Centre, which opened in July 2013 just outside Abu Dhabi.
NMC Health said its other projects, including the Dubai Investment Park General Hospital, Brightpoint Women's Hospital, Al Ain Medical Centre and the Khalifa City Hospital are progressing towards their respective opening dates.
"In 2014 we will see the opening of two hospitals and a medical centre, followed by the opening of our largest hospital in the first half 2015," NMC's Chief Executive Officer Bavaguthu Shetty said in a statement.
NMC Health shares were down 1.9% to 440.46 pence, putting it in the top five FTSE250 losers in early trading Friday.
By Tom McIvor; [email protected]; @TomMcIvor1
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