Kuwait City, Kuwait - 24 November 2010: ALAFCO Aviation Lease and Finance Company announced its financial results for the fiscal year that ended 30 September 2010. ALAFCO earned a net profit of KD 10.8 million during the year that is equal to Fils 14.5 per share. Total assets increased 37 percent to KD 536 million. Profit from operations was KD 20 million, an increase of 46% over last year. Shareholders' equity increased 10 percent to KD 103 million compared to same period last year. The board of directors has recommended the distribution of cash dividends of......
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