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FINANCIAL NEWS
UAE’s Julphar registers USD381.1m revenue in 2014
01 Mar 2015
(MENAFN) UAE’s Julphar registered USD381.1 million revenue in 2014, marking a 5.2 percent increase compared to 2013, Arabian Business reported.
The largest Emirati pharmaceutical company said that sales were motivated by the private market sales which witnessed a 7.5 percent growth with net profit hitting USD63.88 million.
Operational performance also went up with gross profit hitting USD230.86 million, marking a 3.4 percent increase. operating profit reached USD64.91 million.
“2014 was another year of great achievements for Julphar. We are pleased to close the year at USD381.05 million, which shows a remarkable effort from our global sales,” Julphar’s CEO said in a statement.
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