DAE Full-Year Profit Drops 3.5%
Credit: DAE
Dubai Aerospace Enterprise (DAE) has reported a $413.6 million pre-tax profit for 2019, 3.5% down on the $428.8 million profit posted for 2018. During the 12-month period, DAE’s revenue fell 1.1% to $1.42 billion. The company’s pre-tax profit margin also dropped 0.7 points 29.1%. Available liquidity...
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