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Amanat Holdings net income hits AED50.6mn

Dubai / WAM

Amanat Holdings PJSC (“Amanat”), the region’s largest integrated healthcare and education company, on Thursday announced its net profit of AED50.6mn for the period since inception on the November 17, 2014 to December 31, 2015.
Amanat reported total income of AED89.6mn, comprised mainly of AED57.3mn of gain and dividends from Al Noor Hospitals Group and an AED 32.3mn in interest income, where the majority of which is on Mudarabah and Wakala deposits. Amanat’s share of profit of its associate Sukoon International Holding Company PJSC (“Sukoon”) for the period was AED8.9 million.

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