Dubai Aerospace Enterprise

Dubai, U.A.E., 01 May 2024 – Dubai Aerospace Enterprise (DAE) Ltd (“DAE”) today reported its financial results for the three months ended March 31, 2024. The consolidated financial statements can be found here . Selected Financial Highlights: Three months ended US$ millions Mar 31, 2024 Mar 31, 2023 Total Revenue 343.6 315.2 Profit before Tax 69.7 73.5 Operating Cash Flow 324.1 283.8 Pre-Tax Profit Margin 20.3% 23.3% Pre-Tax Return on Equity 9.7% 9.9% As at US$ millions Mar 31, 2024 Dec 31, 2023 Total Assets 12,077.7 12,262.5 Net Loans and ...