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Burjeel Holdings reports 129% surge in Q2 profit

Burjeel Holdings reports 129% surge in Q2 profit

Al Etihada day ago
6 Aug 2025 20:41
A. SREENIVASA REDDY (ABU DHABI) Burjeel Holdings recorded a sharp 128.9% year-on-year surge in second-quarter net profit to Dh148 million, driven by strong revenue growth, improved patient yield, and operational efficiencies across its expanding healthcare network.Revenue in Q2 2025 rose 18.7% to Dh1.4 billion, while EBITDA jumped 59.4% to Dh306 million, reflecting stronger margins and the benefits of asset optimisation. The quarterly performance significantly boosted the group's first-half results, with net profit for H1 reaching Dh187 million — up 10.6% from Dh169 million in the same period last year.First-half revenue rose 12.2% to Dh2.68 billion, supported by sustained demand for complex care services and expansion across key specialties. EBITDA for H1 stood at Dh487 million, marking a 14.2% increase over the prior year.Burjeel's robust performance was underpinned by a 12% increase in patient footfall in Q2. Across the first half, total patient visits rose to 3.4 million, with outpatient numbers up 8.6% to 3.28 million and inpatient footfall climbing 14.6% to 88,000. The Group also performed nearly 23,000 surgeries in Q2, representing an 18.7% annual increase, while bed occupancy improved to 69% from 65% in the year-ago quarter.'The second quarter delivered exceptionally strong results, with 19% revenue growth driven by a 12% increase in patient footfall and improved yield. EBITDA rose by 59%, accompanied by a margin uplift to 22%,' said CEO John Sunil.'These results reflect tangible progress in key operational areas such as physician manpower optimisation, formulary management, and cost control, while our strategic focus on super-specialty care is beginning to yield measurable benefits, enhancing both revenue and profitability,' he added.
Sunil said the Group's oncology platform is now the UAE's largest private network and highlighted the growth in services related to transplants, fertility, mental health, and diagnostics. He reaffirmed Burjeel's focus on converting recent investments into sustained expansion and margin improvement.
Source: Aletihad - Abu Dhabi
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Burjeel net profit surges 128.9% in the second quarter
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Burjeel net profit surges 128.9% in the second quarter

Burjeel Holdings delivered strong top-line growth of 18.7 per cent to Dh1,403 million in Q2'25, driven by a 12.1 per cent increase in patient footfall, higher patient yield, and the continued ramp-up of newly launched facilities across the network, the super-specialty healthcare services provider announced on Thursday. Net profit surged 128.9 per cent to Dh148 million in Q2'25, reflecting margin expansion, enhanced operating leverage, and asset optimisation. In H1'25, net profit rose 10.6 per cent to Dh187 million. Ebitda rose 59.4 per cent to Dh306 million in Q2'25, fuelled by strong revenue growth, enhanced physician productivity, and better performance across recently ramped-up assets. This includes Dh72 million in gains from lease liability derecognition following the Dubai Medeor Hospital acquisition. The Ebitda margin expanded 5.6 p.p. to 21.8 per cent. In H1'25, Ebitda increased 14.2 per cent to Dh487 million, with a margin of 18.2 per cent. Revenue in H1'25 rose 12.2 per cent to Dh2,677 million, with total patient visits reaching 3.4 million. Oncology remained a core growth driver, with revenue rising 36.7 per cent in Q2'25 and 38.1 per cent in H1'25, underpinned by oncology network expansion and improved conversion in surgical and advanced therapies. Other specialties also recorded solid gains in H1'25, including urology (+18 per cent), emergency medicine (+17 per cent), cardiology (+16 per cent), and gastroenterology (+13 per cent). John Sunil, CEO of Burjeel Holdings, was optimistic about maintaining strong momentum through the second half. 'We continue to target mid-teens revenue growth for the year, supported by the ramp-up of new assets and strategic expansion in both the UAE and Saudi Arabia,' he said. A key focus is making sure that Burjeel's new centres and services are launched smoothly and begin contributing at full potential. 'Major investments in specialised care, technology, and new geographies do not translate into financial returns overnight. But the strategy we have been executing is absolutely the right one, and this quarter's results are a clear example of how our growth strategy and investments in complex care are beginning to yield measurable financial results,' Sunil said. Inpatient footfall rose 17.7 per cent in Q2'25, reflecting strong demand across key specialties and a ramp-up in elective surgeries post-Ramadan. Outpatient footfall grew 12.0 per cent in Q2'25, accelerating from 5.2 per cent in Q1, driven by primary care and physiotherapy centers, along with robust demand in oncology, pediatrics, ophthalmology, and family medicine. Utilisation improved to 68 per cent, up from 65 per cent in Q1'25, enabled by optimised hiring and scaling of clinical teams. The Hospitals segment continued to drive group performance, contributing 89 per cent of total revenue in Q2'25. Revenue grew 17.3 per cent to Dh1,245 million, supported by strong growth in patient volumes and sustained demand for complex care services. Segment Ebitda rose by 40.6 per cent, led by strong performance across key hospitals. Operating cash flow increased 8.1 per cent YoY in H1'25, driven by improved operational performance and disciplined working capital management. Maintenance capex remained in line with guidance, while growth capex totalled Dh403 million, driven by strategic M&A activities and ongoing network expansion. Free cash flow conversion improved to 54 per cent in H1'25. In May 2025, the Group declared a full-year dividend of Dh170 million for FY2024, representing 47 per cent of net profit. Cost control was a key contributor to the company's performance. 'Even with 143 new physicians onboarded over the past year, we were able to optimise personnel costs through better workforce planning and clinical scheduling. We also brought overheads down by 7 per cent quarter-on-quarter and over 13 per cent compared to Q4, by normalising spend and embedding stronger cost discipline across the group. These efforts, alongside strong top-line growth, drove a significant improvement in margins,' Sunil said. The Trust Fertility Center, now the largest in the UAE, broke even within six months and has served over 1,800 unique patients with outcomes well above global benchmarks. 'It plays a key role in our women's health platform and aligns with the UAE's national fertility strategy. Looking ahead, we're replicating this model in Al Ain and Dubai, while continuing to invest in precision medicine, AI-enabled care, and complex specialties,' Sunil said.

Hikma delivers a solid H1 performance and re-affirms expectations for strong growth in the second half
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