Dubai Aerospace Enterprise (DAE) reported total revenue for the nine months ended 30 September 2019 of US$1,070.4 million compared to US$1,069.2 million in the prior-year period. Profit decline to US$260.5 million in the nine months from US$290.5 million in the previous year.
DAE’s pre-tax profit margin was 27% (nine months ended 30 September 2018: 31%), with a net debt-to-equity of 2.56x (Year-end 2018: 2.57x). Unsecured Debt as a percentage of Total Debt: 57% (Year-end 2018: 46%).
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