Pharmaceutical reported top-line growth and a return to profitability on the bottom line

Gulf Pharmaceutical Industries (Julphar), situated in Ras Al Khaimah (RAK), has released its financial results for 2021. The firm recorded sales of Dhs1,143m, a 100% increase over the Dhs573m received in 2020.

The pharma firm credited the considerable gain to increasing market share in important operational locations such as the United Arab Emirates and Saudi Arabia, as well as the contribution from Planet Pharmacies, which Julphar p....