Media ININ Economy We Trust
09-05-2019 Media in\ Dubai
Today, Dubai Aerospace Enterprise (DAE) announced its revenue for the first quarter of 2019.
According to the financial results for the three months ended 31st March, 2019, DAE’s profit amounted to US$99.0 million, while it was US$96.0 million during the same period last year.
Dubai Aerospace Enterprise (DAE) total revenue reached US$360.0 million compared to US$352.4 million in Q1 2018.
Pre-Tax profit margin reached 30 percent, while it was 31 percent in Q1 2018. Similarly, net debt-to-equity was 54 percent, compared to 46 percent during the same period in 2018.
