Aramex Announces Record Net Profit Growth in Q4 2016

Dubai, UAE; January 30, 2017:Aramex (DFM: ARMX), the disruptive leader in the global logistics and transportation industry, today announced its Full Year Financial Results for the year ended 31 December 2016.

Aramex’s 2016 Full Year Revenues reached AED 4,343 million, up by 16% compared to AED 3,755 million in 2015. Q4 Revenues saw double-digit growth of 18% to AED 1,158 million, compared to AED 982 million in the corresponding period of 2015.

The Company’s 2016 Full Year Net Profits increased by 37% to AED 426.6 million, compared to AED 311.3 million in 2015. Q4 Net Profits reached AED 131.8 million, which represents an increase of 129%, compared to AED 57.6 million in Q4 2015.

Read more at aramex.com

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