Abu Dhabi Aviation sees rise in 2021 profits

Abu Dhabi – Mubasher: The net profits attributable to the owners of Abu Dhabi Aviation Company increased to AED 250.23 million in 2021, compared to AED 176.81 million in 2020, according to the company's consolidated financials for the year ended 31 December 2021.

The company recorded AED 1.68 billion revenues from contracts with customers in 2021, up from AED 1.56 billion in 2020.

The basic and diluted earnings per share (EPS) stood at AED 0.56 last year, against AED 0.40 in 2020.

It is noteworthy to mention that during the first nine months (9M) of 2021, the net profits attributable to the owners of Abu Dhabi Aviation Company jumped to AED 159.535 million, compared to AED 136.3 million in the year-ago period.

Mubasher Contribution Time: 10-Feb-2022 09:55 (GMT)
Mubasher Last Update Time: 10-Feb-2022 13:21 (GMT)