Emirates Group Posts Record Profit and Revenue for 2023-24 Financial Year
The Emirates Group has announced its most successful financial year to date, reporting a record profit of $5.1 billion for 2023-24. This performance was driven by a significant 15 percent increase in revenue, which reached $37.4 billion. The Group also achieved its highest-ever cash balance, now standing at a robust $12.8 billion. Both of its main divisions saw strong growth, with Emirates airline posting a record profit of $4.7 billion and dnata reporting a profit of $0.4 billion. Following this robust performance, the Group declared a dividend of $1.1 billion to its owner, the Investment Corporation of Dubai.
Official Source: https://www.stattimes.com/air-cargo/the-emirates-group-delivers-strong-fy26-performance-1359060
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