13.11.2012 - Emirates profits rebound more than double in first half
Despite continued global economic pressure and high fuel prices, the Groupís revenue and other operating income rose to 38.2 billion Dirhams ($ 10.4 billion) an increase of 16 per cent over the last yearís results. This constitutes the first time in the Groupís history that revenue surpassed the $ 10 billion mark in a six month period. The Groupís cash position on 30th September 2012 remained strong at 15.2 billion Dirhams (US$ 4.1 billion), compared to 17.6 billion Dirhams (US$ 4.8 billion) as of March end 2012. The 2.4 billion Dirhams difference in the cash balance is primarily resulting from 2.0 billion Dirhams Sukuk bond repayment in June 2012...............................................Full Article: Source
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