Ryanair Says First-half Profits Hit By Brexit

Fahad Shabbir (@FahadShabbir) Published November 07, 2016 | 12:15 PM

Ryanair says first-half profits hit by Brexit

LONDON, Nov 7 (UrduPoint / Pakistan Point News - 07th Nov, 2016 ) - Ireland's budget airline Ryanair Monday reported a slump in first-half profits due to Britain's June vote to leave the EU. The company reported net profits of 1.168 billion Euros ($1.29 billion) over the six-month period from April. This compared to 1.088 billion euros for the same period in 2015, a drop of seven percent.

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