Loading
4-Mar-2010 11:26 AM

AeroCentury Corp revenue up 6.9%, reports profits in 4Q2009

AeroCentury Corp revenue up 6.9% - financial highlights:

  • Three months ended 31-Dec-2009:
    • Revenue: USD8.6 million, +6.9% year-on-year;
      • Operating lease revenue: USD7.3 million, +13.6%;
    • Cost: USD5.7 million, -31.7%;
    • Profit before tax: USD2.9 million, compared to a loss of USD242,000 in the previous corresponding period;
    • Net profit: USD1.9 million, compared to a loss of USD160,000 in the previous corresponding period;
  • 12 months ended 31-Dec-2009:
    • Revenue: USD33.6 million, +5.6%;
      • Operating lease revenue: USD27.0 million, +10.8%;
    • Cost: USD24.9 million, -6.6%;
    • Profit before tax: USD8.7 million, +68.7%;
    • Net profit: USD5.7 million, +71.8%. [more]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More