Dubai, U.A.E
Dubai Aerospace Enterprise (DAE) Ltd. reported financial results for the three months ended 31 March 2019
Total Revenue: US$360.0 million (Q1 2018: US$352.4 million)
Profit: US$99.0 million (Q1 2018: US$96.0 million)
Pre-Tax Profit Margin: 30% (Q1 2018: 31%)
Net Debt-to-Equity: 56x (Year-end 2018: 2.57x)
Unsecured Debt as a percentage of Total Debt: 54% (Year-end 2018: 46%)