20-Jan-2010 11:53 AM
ALAFCO reports strong financial performance in 1QFY2010
Aviation Lease and Finance Company (ALAFCO) reports (19-Jan-2010) the following financial highlights for the three months ended 31-Dec-2009:
- Total revenue: USD30.3 million, +48% year-on-year;
- Operating profit: USD15 million, +47%;
- Net profit: USD8 million, +54%;
- Total assets: USD1,600 million. [more]
*Based on the conversion rate at KWD1 = USD3.48