Arab Finance: Union Pharmacist Company for Medical Services and Investment (UPMS) posted an 89.97% year-on-year (YoY) decline in net losses after tax for the first half (H1) of 2024, as per a disclosure on August 15th.

The company incurred net losses of EGP 317,381 in H1 2024, down from EGP 3.164 million in H1 2023.

Meanwhile, operating revenues dropped to EGP 210,616 in H1 2024 from EGP 19.929 million in H1 2023.

Established in 2008 and listed in 2016, Union Pharmacist operates within the pharmaceuticals, biotechnology, and life sciences sectors.

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