Make MENAFN My Home Page
 
  Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Qatar- Aramex Records 14% Net Profit Increase In Q1  Join our daily free Newsletter

MENAFN - Qatar News Agency - 28/04/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - #Qatar News Agency) Dubai April 28 - Dubai-based logistics company Aramex announced a 14% increase in net profit in its Q1 2014 financial results today.

Profit rose from Dhs69.3 million in Q1 2013 to Dhs78.7 million in Q1 2014.

The company's revenue for the quarter grew 6% year-on-year to Dhs852 million from Dhs803 million in Q1 2013.

Aramex said its performance was driven by growth in key geographies in the Middle East sub-Saharan Africa and Asia in express logistics and freight

"Despite recent concerns over growth prospects in emerging markets our continued focus on delivering against strategy has enabled us to achieve record profits once again" said Hussein Hachem CEO of Aramex.

"We will continue to aggressively invest in our core markets. We will be actively pursuing acquisitions in sub-Saharan Africa and Asia expand our oil and gas services in North and East Africa and will continue to build on our e-commerce proposition through the remainder of 2014" he added.


 
 


Qatar News Agency




Loading, Please wait....


 





Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help