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UAE's Julphar profit improves 14.9 percent in 2013  Join our daily free Newsletter

MENAFN - 24/02/2014

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(MENAFN) Julphar, Ras Al Khaimah-based pharmaceutical products producer and distributor, reported a 14.9 percent growth in net profit of 2013 to reach USD62.71 million, according to the Emirates 24/7.

The company also reported a 15.4 percent growth in revenue year-on-year to reach USD3707 million.

Sales boosted by 19.4 percent year-on-year in 2013 driven by the private market sales.

Julphar Chairman, Sheikh Faisal Bin Saqr Al Qassimi, said: "The UAE is driving forward healthcare expansion at an international level and Julphar is proud to play a significant role in shaping the future of our industry. As the first and largest Emirati Pharmaceutical Company, we are positioned to help create a truly global platform for quality healthcare."

 






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