DAE reports financial results for the six months ended June 30, 2019

Dubai Aerospace Enterprise (DAE) has reported financial results for the six months ended June 30, 2019. Total Revenue was US$726.9 million compared to US$711.4 million in the first half of 2018. Profit was US$197.1 million compared to US$195.2 million in 2018 and Pre-Tax Profit Margin was 29% compared to 31% in 2018. Net Debt-to-Equity was 2.67x compare to 2.57x in 2019 and unsecured Debt as a percentage of Total Debt was 57% compared to 46% the previous year.