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Abu Dhabi / WAM
Abu Dhabi Aviation’s revenues for the period ended June 30 amounted to AED895.7 million, according to the financial results of the Abu Dhabi Securities Exchange-listed company.
The company’s operating profit reached AED152 million and the net profit stood at AED47.8 million, the financial notes published on Sunday on the ADX’s website show.
The company’s assets edged up 1 percent by the end of the first half of this year against the comparable period of 2019.
The stockholders’ rights valued around AED3.37 billion during the same period and liabilities stood at around AED1.6 billion.
ADA is one of the largest commercial helicopter operators in the Middle East, operating and owning 58 aircraft, including 51 helicopters and seven fixed-wing, according to the company’s booklet published in April.