Dubai logistics major Aramex sees net profit slide to Dh111.47m in H1-2021
Aramex will be boosted by higher volumes on its international express deliveries
Source: gulfnews.com
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Aramex posts 24% surge in Q1 revenues to top $387m
Aramex, a leading global provider of logistics solutions, has posted revenues of AED1.425 billion ($387 million) in the first quarter of the year (Q1) compared to revenue of AED1.152 billion in Q1 2020, reflecting an increase of 24%.
Source: tradearabia.com
Aramex reports record 2020 revenue on higher e-commerce activities
Dubai: UAE logistics giant Aramex on Wednesday reported a higher 2020 revenue as COVID-19 accelerated e-commerce activities. Revenue rose 9 per cent year-over-year to Dh5.5 billion – the company’s highest on record. Meanwhile, Aramex’s net profit for the full year stood at Dh285 million, down about 43 per cent from a year earlier. “As the global economy recovers from the pandemic and the global vaccination drive gathers pace, we are optimistic about the future of our industry. Demand-side fundamentals are encouraging as more and more businesses will depend on us to move and deliver sh...
Source: gulfnews.com