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ALAFCO net profit increases five-fold in 1HFY2011

16-May-2011 11:48 AM

Aviation Lease and Finance Company (ALAFCO) revenue up 39% - financial highlights for the six months ended 31-Mar-2011:

  • Revenue: USD93.9 million, +39% year-on-year;
  • Net profit: USD92.1 million, +408%;
  • Total assets: USD2082 million, +25%;
  • Shareholders equity: USD441.3 million, +22%;
  • Aircraft delivery: seven. [more]

* Based on the conversion rate KWD1 = USD3.62582