Emirates has reported its best-ever financial performance with a record profit of AED 18.7 billion (US$ 5.1 billion), up 71% from last year, record revenue, and record level of cash assets.
Highlights include:
- Group revenue increased 15% to a new high of AED 137.3 billion (US$ 37.4 billion), driven by strong customer demand across its businesses.
- Ends year with highest-ever cash balance of AED 47.1 billion (US$ 12.8 billion).
- The Group declares a dividend of AED 4.0 billion (US$ 1.1 billion) to its owner the Investment Corporation of Dubai (ICD).
- Chairman credits record performance to Dubai’s progressive policies, says profits enable further investments in new read more ⇒
Source:: AirlineRatings.Com