DAE reports financial results for the three months ended 31 March 2019

Thursday 09 May 2019
Dubai - MENA Herald:

Dubai Aerospace Enterprise (DAE) Ltd. reported financial results for the three months ended 31 March 2019.

  • Total Revenue: US$360.0 million (Q1 2018: US$352.4 million)
  • Profit: US$99.0 million (Q1 2018: US$96.0 million)
  • Pre-Tax Profit Margin: 30% (Q1 2018: 31%)
  • Net Debt-to-Equity: 2.56x (Year-end 2018: 2.57x)
  • Unsecured Debt as a percentage of Total Debt: 54% (Year-end 2018: 46%)

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