Emirates Group posts record profit of $ 3.0 billion in FY 2022-23

The Emirates Group posted a record profit of $ 3.0 billion compared with $1.0 billion loss for 2022. For the financial year ending March 31 2023, the Group reported a revenue was $ 32.6 billion an increase of 81% over last year’s results. The Group’s cash balance was $ 11.6 billion the highest ever reported, up 65% from last year mainly due to strong demand across its core business divisions and markets. Proud of the Group’s performance for 2022-23 HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates airline and Group, said: “We had anticipated the strong