16-May-2011 11:48 AM
ALAFCO net profit increases five-fold in 1HFY2011
Aviation Lease and Finance Company (ALAFCO) revenue up 39% - financial highlights for the six months ended 31-Mar-2011:
- Revenue: USD93.9 million, +39% year-on-year;
- Net profit: USD92.1 million, +408%;
- Total assets: USD2082 million, +25%;
- Shareholders equity: USD441.3 million, +22%;
- Aircraft delivery: seven. [more]
* Based on the conversion rate KWD1 = USD3.62582