Abu Dhabi – Mubasher: Financials for Abu Dhabi Aviation Company for the fiscal year 2014 reveal a slight decline by 0.8% to AED 213.315 million (after deducting shareholders’ equity) against AED 214 million during FY13, whereas net profit before deducting shareholders’ equity reached AED 243.53 million against AED 223.73 million, registering an 8.8 increase.
The decline in the Company’s net profit was due to retreating operational profits by 8.5% to AED 393.8 million against AED 430.302 million during the previous year.
Abu Dhabi Aviation’s revenue reached AED 1.610 billion against AED 1.638 billion, a decline 1.7%.