16-May-2012 2:10 PM
Air Arabia revenue up 21.2% in 1Q2012
Air Arabia reports (15-May-2012) the following consolidated financial highlights for the three months ended Mar-2012:
- Revenue: AED621.9 million (USD169.4 million), +21.2% year-on-year;
- Profit for the period: AED49.3 million (USD13.4 million), +11.3%;
- Net profit: AED47.7 million (USD13 million), +11.7%;
- Total assets: AED7,335.6 million (USD1,997.5 million), +3.1% when compared to period ended 31-Dec-2011. [more - original PR]
*Based on the average conversion rate at USD1 = AED3.6723 for the period