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Abu Dhabi Aviation reports AED 246m profit in 2019

Abu Dhabi Aviation reports AED 246m profit in 2019
Revenues grew to AED 2.08 billion
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Abu Dhabi – Mubasher: Abu Dhabi Aviation Company announced that its net profits attributable to the company’s shareholders amounted to AED 246.2 million during 2019, up from AED 231.4 million a year earlier.    

Meanwhile, revenues grew to AED 2.08 billion last year, compared to AED 1.806 billion in 2018, the company said in a statement to the Abu Dhabi Securities Exchange (ADX) on Tuesday.

It is worth mentioning that during the first nine months of 2019, the company’s net profits increased to AED 177.9 million from AED 165.4 million in the prior-year period.