Wednesday, August 18, 2010

ALAFCO financial results - 9 months to June 30, 2010

Kuwait City, Kuwait – 18 July 2010 ALAFCO Aviation Lease and Finance Company reported a net profit of KD 7.8 million (US$27.1 million) for the 9 months of its current fiscal year that ended 30 June 2010. Operating profit rose 45% to KD 14.4 million (US$ 50 million), while earnings per share reached 10.45 fils. The company’s total assets increased......

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