14-May-2010 3:36 PM
Aerocentury net profit up 53% in 1Q2010 – Suppliers Share Wrap
Analysis
Regional aircraft lessor Aerocentury yesterday reported a net profit of USD1.9 million in 1Q2010, sending its share price soaring 12%. The company, which leases aircraft to regional airlines and general commercial users, reported net revenue of USD8 million for the quarter, an increase of 10% year-on-year.
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