SHARE Dubai-listed Aramex appointed Othman Aljeda as its new chief executive as the company reported a 32 per cent decline in first-quarter profit but saw revenue soar on the back of rising e-commerce. Profit in the first three months of the year fell to Dh46 million ($12.5m) from the same period a year earlier, the company said in a regulatory filing on Thursday to the Dubai Financial Market, where its shares trade. Revenue in the first quarter grew 24 per cent to Dh1.4 billion. Operating profit declined 20 per cent to Dh79m. First-quarter earnings before interest, taxes, depreciation, and amortisation (EBITDA) margins fell 11.9 per cent, "impacted by an increase in line-haul costs on the back of global capacity constraints caused by supply chain disruptions the industry continues to face due to the pandemic", Aramex said.