According to the Emirates News Agency, the company's financial data showed that the value of total returns during the same period amounted to about 2.47 billion dirhams, 672.6 million dollars.
The pre-tax profit margin reached 20%, the return on equity before taxes reached 8.9%, and the available liquidity amount reached 10.35 billion dirhams, approximately $ 2.82 billion, and the unencumbered assets 23.85 billion dirhams, 6.5 billion dollars.
Firoz Tarapur, CEO of Dubai Aerospace Industries ... said our financial results for the first half of 2020 were characterized by strong and plentiful liquidity, with an improvement in the budget.
He added, "Up to this moment, we have provided important solutions in terms of postponing the lease that will create added value for each of our customers, and Dubai Aviation Industries." As of July 31, 2020, we have approved rental deferral requests from 34 airlines, with a total rental value of 16% of the announced annual revenue, and we are currently evaluating rental deferral requests from 24 other airlines.
"Our available liquidity amounted to $ 2.8 billion during the first half of the year, and we repurchased bonds worth $ 187 million, and the remaining authorization to repurchase is $ 229 million," he said. / p>
(Fun Knowledge of Knowledge)
