Press Release: Alafco Aviation Lease and Finance Company announces financial results for first half of fiscal year ended 31st March 2011
Alafco Aviation Lease and Finance Company released its financial results for the first half of the current fiscal year ended 31 March 2011. Net profits rose five times to KD25.4m versus KD5m in the previous year. Earnings per share increased five fold to 32.63 fils as compared to 6.23 fils in the previous year. Total revenue during the first half jumped 39% to KD25.9m against KD18.6m earned during the same period last year.
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