#Abu Dhabi #UAE #PureHealth #Hellenic Healthcare

PureHealth Reports a Net Profit of $337 Million in H1 2026

In a remarkable demonstration of financial health, PureHealth Holding PJSC, the largest healthcare organization in the Middle East, has reported a net profit of $337 million for the first half of 2026. This represents a year-on-year increase of 20%. The results, announced on July 31, 2026, indicate strong operational performance driven by expanding international activities and a steady delivery of healthcare services.

Key Financial Highlights

Group revenues reached $4.0 billion, marking a 9% increase from the previous year. This growth is attributed to the contributions from international operations and a resilient insurance sector performance. Notably, international operations accounted for 33% of total revenue, solidifying PureHealth's diverse geographic presence.

Earnings before interest, taxes, depreciation, and amortization (EBITDA) saw a significant uptick of 24%, climbing to $782 million. This growth underscores the profitability of higher-margin international operations, along with ongoing enhancements in operational efficiency throughout the organization.

Performance Across Sectors

International Healthcare

The international healthcare segment, which benefited substantially from the integration of the Hellenic Healthcare Group (HHG), experienced a staggering 56% revenue growth year-on-year to approximately $1.3 billion. Consolidation with HHG has enabled PureHealth to expand its footprint across Greece and Cyprus, contributing to the increased patient volumes observed within their facilities.

In the UK, Circle Health recorded a revenue increase of 6.3%, demonstrating strong performance, particularly in higher-acuity and complex inpatient procedures. Furthermore, HHG witnessed a 6% increase in patient volumes driven by outpatient service growth.

UAE Operations

In the UAE, revenues in the healthcare sector stood at $1.6 billion for H1 2026, supported by heightened patient activity within the extensive healthcare network of PureHealth. There was a 10% increase in inpatient volumes and 7% in outpatient procedures, reflecting the increased demand for services. Bed occupancy rates in hospitals across the UAE reached 75%, serving as a strong indicator of operational effectiveness.

The EBITDA from UAE operations rose by 7%, totaling $332 million, signaling improved operational metrics and management of costs.

Insurance Sector

The insurance division (Cover) recorded a 10% revenue growth, reaching $1.1 billion. Key metrics, such as gross written premiums, also exhibited robust growth at 13% year-on-year, reflecting successful renewals and disciplined underwriting practices. By the end of H1 2026, the insured members count reached 3.4 million, bolstering Daman's position in the market.

Strategic Advances

PureHealth is committed to expanding its capacity and capabilities across various fronts:

• - The launch of the Abu Dhabi Health Research Centre aims to consolidate research activities, enhancing clinical capabilities.
• - Collaborations with Aldar Properties are set to integrate healthcare and wellness into new community developments.
• - The opening of a University of Nicosia campus in Athens aligns with PureHealth's strategy to improve education and research initiatives in Europe.
• - The groundbreaking for the new SEHA Corniche Hospital for Women and Newborns marks a significant investment in healthcare infrastructure.

Emphasis on Innovation

PureHealth is leveraging advanced technologies to enhance patient care. The rollout of AI-enabled technologies and continued investments in robotic surgical systems demonstrate the Group's commitment to pioneering healthcare innovations.

Future Outlook

Looking ahead, PureHealth expresses confidence in maintaining its growth trajectory. The diversified earnings base, complemented by expansions in both international healthcare and insurance sectors, positions the Group favorably for sustainable growth in the coming years. Continued focus on higher-acuity services and operational synergies are expected to fuel expansion as the organization pushes forward with its strategic objectives.

PureHealth remains dedicated to capitalizing on opportunities that will not only drive profitability for shareholders but also enhance the quality of care offered to the communities it serves.