Aramex announces 15% revenue growth in the third quarter of 2016


Aramex (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions, today announced its financial results for the last three month (Q3) and nine month (YTD) periods ending 30 September 2016.

Aramex’s Q3 Revenues increased to AED 1,050 million, up by 15% compared to AED 917 million in Q3 2015. Net Profits decreased by 3% to AED 72.2 million, down from AED 74.6 million in Q3 2015.

Adjusting to include results for the full nine month YTD period, Revenues increased to AED 3,185 million, up by 15% compared to AED 2,773 million in the first nine months of 2015. Net Profits increased by 16% to AED 294.8 million, up from AED 253.7 million during the same period last year.


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