Abu Dhabi Aviation reports higher profits in 9M

Abu Dhabi – Mubasher: The net profits attributable to the owners of Abu Dhabi Aviation Company jumped to AED 159.535 million during the first nine months of 2021, compared to AED 136.3 million in the year-ago period, as shown by the company's interim financials for the nine-month period ended on 30 September 2021.

The company generated revenues of AED 1.158 billion in the January-September period of 2021, down from AED 1.197 billion in the same period of 2020.

The basic and diluted earnings per share (EPS) stood at AED 0.36 in the first nine months of 2021, versus AED 0.31 in the corresponding period of the earlier year.

It is noteworthy to mention that during the first half (H1) of 2021, the company's net profits hiked by 40% to AED 106.9 million from AED 76.1 million in the year-ago period.

Mubasher Contribution Time: 02-Nov-2021 11:52 (GMT)
Mubasher Last Update Time: 02-Nov-2021 11:52 (GMT)