The Emirates Group announced its 31st consecutive year recording a profit of AED 2.3 billion (US$ 631 million) for the financial year ended 31 March 2019.
• Strong business growth leading to a record revenue of more than AED 109 billion (US$ 29.8 billion)
• Solid cash balance of AED 22.2 billion (US$ 6.0 billion)
• Declares a dividend of AED 500 million (US$ 136 million) to the Investment Corporation of Dubai.
Emirates reports a profit of AED 871 million (US$ 237 million), 69% down from the previous year
• Revenue increases by 6% to AED 97.9 billion (US$ 26.7 billion), supported by steady passenger and cargo performance
• Airline capacity crosses 63 billion ATKM with a net addition of 2 new aircraft to the fleet
dnata makes record profit of AED 1.4 billion (US$ 394 million), which includes AED 321 million (US$ 88 million) gain from one-time sale of HRG stake
• Revenue increases by 10% to AED 14.4 billion (US$ 3.9 billion), reflecting further business expansion with international business now accounting for 70% of revenue
• Expands global footprint with acquisition of Qantas catering in Australia and 121 Inflight catering business in the Americas, adds new facilities and service capabilities across its airport operations, catering, and travel services divisions
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Source: Emirates