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FinancialNews


  • 30-01-17

    Aramex Dubai revenue grows to USD35.88mn

    (MENAFN) Dubai-based Aramex announced that it was cautious in its outlook due to global economic uncertainties after posting a 129pct jump in Q4 net profit.

    Additionally, the firm's net profit increased to USD35.88mn in the cited quarter, from 57.6mn dirhams in the year-ago period.

    Accordingly, the company would make a quarterly net profit of 94.0mn dirhams and 77.5mn dirhams, respectively.

    The firm stated that it had established a mutual venture e-commerce firm with Australia Post, in a move that could herald a new expansion drive by the firm.

    MENAFN3001201700450000ID1095224648

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