22-Apr-2010 11:38 AM
ALAFCO reports surging profits in 1H2010
Aviation Lease and Finance Company (ALAFCO) reports (21-Apr-2010) the following financial highlights for the six months ended 31-Mar-2010:
- Operating profit: USD32.3 million, +51% year-on-year;
- Net profit: USD17.4 million, +57%;
- Total assets: USD1,659 million, +51%;
- Shareholder's equity: USD344.6 million, +12%. [more]
*Based on the conversion rate at KWD1 = USD3.47