Dubai, UAE; April 17, 2013: Aramex (DFM: ARMX), the global logistics and transportation solutions provider, announced today that its annual general assembly has approved the Board of Directors’ proposal for the distribution of 10 per cent of paid-up capital as cash dividends for the year ended December 31, 2012.
Aramex announced its financial results for the 12-month period ending December 31, 2012, with full-year net profits of AED 244.1 million, an increase of 15% compared to the same period in 2011, and revenues of AED 3,105 million, up 21% compared to AED 2,571 million in the previous year.
“2012 was a very good year for Aramex, and we clearly exceeded the ambitious goals we set forth. We will be distributing 60 % of our net profits for 2012, which reflects the company’s solid financial position and cash flow”, said Hussein Hachem, Aramex’s Chief Executive Officer. “2013 promises to be an even more exciting year as we sustain our growth and continue our plans for expansion in key growth markets in Africa, Central Asia, and South East Asia.
– See more at: http://www.aramex.com/news/item.aspx?id=585ff057-3854-4f06-9734-01f02af35428#sthash.QiWDPeaL.dpuf