Financial Daily from THE HINDU group of publications
Sunday, May 01, 2005
Financial Daily from THE HINDU group of publications Sunday, May 01, 2005 |
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Corporate Results
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Airlines Logistics - Financial Performance Emirates net profit rises 49 pc Vimala Vasan
Abu Dhabi , April 30 THE Emirates Group has announced record-breaking net profit of $708 million for the financial year ended March 31, 2005 — up by $232 million, or 49 per cent, over the previous year. Group revenue increased by $1.4 billion or 36 per cent, to $5.2 billion compared with $3.8 billion last year. Cash balance totalled $2.2 billion, up by 12 per cent against $2 billion last year.
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