Abu Dhabi Aviation net operating profit down 4% in 1H2016

Abu Dhabi Aviation revenue down 5% - financial highlights for six months ended 30-Jun-2016:

• Total revenues: AED907.7 million (USD247.1 million), -5.4% year-on-year;
• Net operating profit: AED217.5 million (USD59.2 million), -4.0%;
• Net profit: AED141.0 million (USD38.4 million), +3.2%;
• Total assets: AED4650 million (USD1266 million);
• Total liabilities: AED1982 million (USD539.7 million).

*Based on the average conversion rate at AED1 = USD0.272257