Economy Local February 15, 2025

Gulf Pharmaceutical Reports Strong Financial Position

Gulf Pharmaceutical Industries - Julphar has revealed a disciplined financial position for 2024, showcasing positive cash flows and stability in its business operations.


Gulf Pharmaceutical Reports Strong Financial Position

According to Gulf Pharmaceutical Industries (Julphar), the financial position in 2024 remains stable with manageable revenues. Vice-President of the company, Adnan Yahia, noted: "We continue to focus on strengthening our business, improving operational efficiency, and developing our operations. Despite a challenging year due to the pandemic, we have made notable progress in our strategic initiatives." He also added that Julphar is successfully handling external environment challenges and that the company continues to expand its product line and improve its manufacturing processes. Julphar, one of the leading pharmaceutical companies in the Gulf region, remains on a path of growth and innovation, despite the complexities caused by the pandemic.