FINANCIAL NEWS

Dubai’s Aramex posts USD23.6m net profit in Q1

21 Apr 2015

(MENAFN) Dubai’s Aramex posted a net profit of USD23.6 million in the first quarter of the year, marking a 10 percent increase over the USD21.42 million of last year’s period, Arabian Business reported.

With this result, Aramex keeps in accordance with analysts’ forecast such as EFG Hermes and SICO Bahrain’s first-quarter expectations, which reached USD23.1million and USD22.6 million one-to-one.

Aramex, which is considered among the leading global providers of comprehensive logistics and transportation solutions, recorded a first-quarter revenue of about USD253.15 million.

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