DAE Reports Financial Results for the Six Months Ended 30 June 2019 Revenue of $726.9 Million; Net Income of Us$197.1 Million
Press release
Dubai Aerospace Enterprise
Highlights
Dubai Aerospace Enterprise (DAE) Ltd. reported financial results for the six months ended 30 June 2019.
Dubai Aerospace Enterprise (DAE) Ltd. reported financial results for the six months ended 30 June 2019.
- Total Revenue: US$726.9 million (H1 2018: US$711.4 million)
- Profit: US$197.1 million (H1 2018: US$195.2 million)
- Pre-Tax Profit Margin: 29% (H1 2018: 31%)
- Net Debt-to-Equity: 2.67x (Year-end 2018: 2.57x)
- Unsecured Debt as a percentage of Total Debt: 57% (Year-end 2018: 46%)
Further details can be found on DAE’s website at dubaiaerospace.com/investors
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Background Information
Dubai Aerospace Enterprise
Dubai Aerospace Enterprise is a global aerospace corporation headquartered in Dubai. As an industry leading globally relevant aerospace business, DAE is enhancing Dubai’s strong position as an aviation and finance hub.
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