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LONDON / WAM
UAE-based NMC Healthcare announced results for the year 2017, with total revenues rising from $1,220.8 million in 2016 to $1,603.4 million, up by 31.3 percent, and total net profit rising from $151.4 million in 2016 to $209.2 million last year, an increase of 38.2 percent. Adjusted net profit rose 43 per- cent from $165.2 million to $236.6 million. A dividend of 13 UK pence per share, up from 10.6 UK pence per share in 2016, is proposed, equivalent to 20 percent of profit after tax. Growth in its key healthcare division, covering its hospitals across 13 countries, saw revenues rise 41.1 per cent from $823.3 million to $1,161.6 million, a rise of 41.1 percent, with net profit from healthcare rising 49.2 percent from US$ 192.9 million to $287.8 million.