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BOC Aviation's H1 profit up 23.8% at US$212m
Revenue for recently listed group rises 8.2%, lifted by contributions from lease rental and sale of aircraft
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Nisha Ramchandani
Published Mon, Aug 29, 2016 · 09:50 PM
Singapore
BOOSTED by higher revenue and gains from sale of aircraft, BOC Aviation's net profit for the six months ended June 30 rose 23.8 per cent to a record US$212 million.
The aircraft leasing firm's revenue increased 8.2 per cent to US$579 million, on the back of stronger contributions from lease rental income, interest and fee income as well as gains on sale of aircraft.
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