Dubai: Aramex, a Dubai-listed logistics company, has posted a 10 per cent increase in net profit to Dh86.6 million in the first quarter of 2015, compared with the same period a year ago.
The company’s revenue also grew, having reached Dh930 million, up 9 per cent compared with the first three months of 2014, according to a statement on Tuesday.
Aramex’s performance was driven by growth across all of the markets it operates in, with the Gulf Cooperation Council (GCC) being the largest contributor to revenue.
The domestic express business grew partially due to the company’s recent acquisitions in both Australia and South Africa, as well as an increase in demand for domestic services for both businesses and individuals in its key markets.