Emirates Group, which comprises the airline and airline services and ground handling company dnata, saw its own best-ever financial performance with a record profit of 18.7 billion dirhams, a 71% jump from the previous year. It also ended the financial year with its highest-ever cash balanc...
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Despite continued strong competitive pressure and the unfavourable currency impact, the airline reported a profit of AED 1.1 billion (US$ 288 million), an increase of 21% over last year’s results, and a profit margin of 1.1%. Profit would have been higher without a loss of AED 1.1 billion...
Wynn Resorts, the controlling shareholder of Wynn Macau, beat fourth-quarter profit estimates on stronger gaming, luxury retail and hotel bookings at its Macau and Las Vegas properties. The company posted adjusted profit of US$1.91 per share, exceeding analysts' estimates of US$1.15, according to...
Profit and loss statement Indicator II q 2024 thousand AEDI q 2024 thousand AEDIV q 2023 thousand AEDIII q 2023 thousand AEDII q 2023 thousand AEDI q 2023 thousand AEDIV q 2022 thousand AEDIII q 2022 thousand AEDII q 2022 thousand AEDI q 2022 ...
size (captured by the logarithm of total assets), leverage (computed as the ratio of total assets to equity), diversification (calculated by one minus the adjusted Herfindahl Hirschman Index (1-AHHI)), and profitability (measured by the ratio of net profit after tax to average total equity)...
leading to uncertainty in pricing and supply chain management for manufacturers and end-users alike. In addition, sudden spikes in crude oil prices can result in higher production costs for aromatic solvents, squeezing profit margins for manufacturers and potentially leading to increased prices for cons...
Rising investments in electric vehiclesare the major challenge impeding the growth.The EV industry is growing rapidly and sales are becoming large enough to create substantial profit pools for well-positioned investors. Several benefits are associated with theEV sector, for instance, the transition to...
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Emirates president Tim Clark has warned legacy carriers that low-cost, long-haul operators are simply a “matter of time”. Speaking today at the Aviation Festival in London, the industry veteran said the development would be a “great step forward for t