DAE reports financial results for the six months ended 30 June 2019
Dubai, U.A.E., 6 August 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