Emirates Group has reported better financial results for the year, showing a 3% increase in profit to $5.7 billion. This happened even though the airline faced serious problems due to regional conflict, including grounded flights and disruptions at Dubai Airport.
Despite these challenges, the group achieved record pre-tax profits of $6.6 billion and strong cash reserves of $16.2 billion. The company said March was especially difficult, but overall performance remained strong for most of the year.
The chairman said passenger travel was still below normal levels, but cargo operations increased to help transport essential goods across the UAE and beyond.
Summary
Emirates Group posted a 3% rise in annual profits to $5.7 billion despite major disruptions caused by conflict in the region. The company faced flight cancellations and operational challenges, but strong cargo performance and demand helped maintain growth.
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