Amanat 1Q Net Income 31.5M Dirhams

The transcript discusses the momentum in healthcare and education sectors, highlighting significant growth and profitability improvements. It details cost reductions across various categories, leading to a fivefold increase in net income. The company is focusing on expansion plans, including acquisitions and investments in the MENA region. The decision to not pursue a listing in Abu Dhabi is explained, with a focus on improving stock liquidity and attracting new investors.

What was the main driver of the strong performance in Q4 2020?

• Healthcare portfolio

• Education portfolio

• Real estate investments

• Technology advancements

How much did the company reduce its project expenses by in 2020?

• 30%

• 78.5%

• 42%

• 23.9%

What was the overall improvement in net income due to cost reductions?

• Threefold

• Twofold

• Fivefold

• Fourfold

What is the expected contribution from the Cambridge acquisition in the second quarter?

• 12.4 million

• 9.3 million

• 6.2 million

• 3.1 million

Why did the company decide not to pursue a listing in Abu Dhabi?

• Focus on DFM listing

• Lack of investor interest

• High listing costs

• General Assembly's decision