Abu Dhabi – Mubasher: Abu Dhabi Aviation posted a 18.4% year-on-year growth during the third quarter of 2016, according to a bourse statement.
Net profits reached AED 87.37 million ($23.78 million) in Q3-16, compared to AED 73.79 million ($20.09 million) in Q3-15.
The company generated profits went up 8.5% to AED 228.42 million in the first nine months of 2016, compared to AED 210.45 million in the same period of 2015.
Revenues stood at AED 1.37 billion as at 30 September 2016, down 17% from AED 1.65 billion in the corresponding period of 2015.
