Profit before tax reached AED4.1 billion. The accounts cover the six months to 30 September and concern the group, which includes the airline and dnata.
Management attributes weaker profitability to regional disruption and higher fuel costs. This explanation is the company's assessment. It says investment in its fleet, products and operating capabilities continues.
The group reports cash holdings of AED54.1 billion at 30 September, compared with AED59.6 billion at 31 March. It remains profitable, but the results do not sustain the record levels of the comparable half-year.