Wednesday, January 19, 2011

ALAFCO financial results

Kuwait City, Kuwait – 18 January 2011 ALAFCO Aviation Lease and Finance Company announced its financial results for the first quarter of the current fiscal year that ended 31 December 2010. The company earned a net profit of KD 21.8 million during the period, increasing around ten fold compared to KD 2.3 million reported during the same period last year. Earnings per share also rose around ten times to 28 Fils, compared to 3 Fils last year. Total revenue during the quarter jumped......

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