Strong enough to resist the difficult context
Aramex’s Q3 2016 Revenues increased to AED1.050bn, up by 15% compared to AED917m in Q3 2015. The Net Profits decreased by 3% to AED72.2m. For the nine-month YTD period, Revenues have increased to AED3.185bn, up by 15% compared to AED2.773bn in the first nine months of 2015. 9M 2016 Net Profits increased by 16% to AED294.8m, up from AED253.7m during the same period last year.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
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