BOC Aviation has released its unaudited results for the six months ended June 30, 2019. The company has achieved a major milestone in June 2019 as its cumulative net profit after tax (NPAT) exceeded US$4 billion since inception. BOC Aviation reported NPAT of US$321 million in the first half of 2019, an increase of 8% compared with the same period last year.
Revenue rose 13% to US$930 million from US$825 million, and its fleet net book value grew 6% to US$15.9 billion from December 31, 2018, as the company continued to take delivery of modern, fuel efficient aircraft. The 8% rise in the interim dividend declared underpins its continued focus on delivering good long-term returns for its shareholders.
