A brighter quarter on intelligent steps
The leader in the global logistics and transportation industry, Aramex, announced its full year financial results for the year ended 31 December, 2016. 2016 Revenues reached AED4.343bn, an increase by 16% compared to AED3.755bn in 2015. 2016 Net profits increased by 37% to AED426.6m, up from AED311.3m in 2015. Q4 Revenues saw double-digit growth of 18% to AED1.158bn, compared to AED982m in the same period of 2015. In Q4 2016, Aramex’s international express business performed strongly with revenues growing by 30% to AED498m.
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