Abu Dhabi – Mubasher: Abu Dhabi Aviation’s profits rose 17.5% year-on-year to AED 79.18 million ($21.55 million) in the second quarter of 2016 from AED 67.39 million ($ 18.35 million) in Q2-15, according to a bourse filing.
The company achieved a 3.2% profit increase to AED 141.05 million in H1-16 from AED 136.66 million in the preceding year.
Abu Dhabi Aviation previously posted AED 61.87 million ($16.85 million) in Q1-16 compared to AED 69.27 million ($18.86 million) in the year-ago period.
Total revenues were up 5.3% amounting to AED 907.69 million in the first six-month of 2016 from AED 959.110 million in H1-15.
