The Emirates Group has announced its half-year results for 2015-2016, showing continued business growth and a strong performance.

The Emirates Group revenue reached AED46.1 billion ($12.6 billion) for the first six months of its 2015-2016 financial year, down 2.3 percent from AED47.2 billion ($12.9 billion) during the same period last year, reflecting the impact of the strong dollar against major currencies.

The group marked one of its best half-year profit performances ever, with net profit rising to AED3.7 billion ($1 billion), up 65 percent over the last year’s results. The group’s cash position on Sept. 30, 2015, was at AED14.8 billion ($ 4 billion) compared to AED20 billion ($ 5.5 billion) as at March 31, 2015.

Sheikh Ahmed bin Saeed Al-Maktoum, chairman and chief executive, Emirates Airline and Group, said: “Our top-line figures were hit hard by the strong dollar against other major currencies. The currency exchange situation, combined with ongoing regional conflict and weak economic outlook in many parts of the world, dampened the positive impact of lower fuel prices during the first half of our 2015-2016 financial year.”

During the first six months of the financial year, Emirates received 13 wide-body aircraft — eight A380s, and five Boeing 777s.

In the first half of the 2015-2016 financial year, Emirates net profit is AED3.1 billion ($849 million), up 65 percent from the same period last year.

Emirates revenue, including other operating income, of AED42.3 billion ($11.5 billion) was slightly down by 4 percent compared with AED44.2 billion ($ 12 billion) recorded last year.

dnata’s revenue, including other operating income, is AED5.2 billion ($1.4 billion), a strong 27 percent increase compared to AED4.1 billion ($1.1 billion) last year. Overall profit for dnata increased by 64 percent to AED557 million ($152 million).