According to a company statement seen by (Namazon site), the results showed that the company's revenues during the year 2019 increased by 3% to reach 5,246 million dirhams, compared to 5,086 million dirhams In the year 2018.
The company's revenues increased during the fourth quarter of 2019 by 3% to reach 1,463 million dirhams, compared to 1,425 million dirhams in the same period of 2018. p>
Net profit for the fourth quarter decreased slightly by 1% to 152.5 million dirhams, compared to 154 million dirhams for the same period last year.
Aramex reported a non-recurring loss of 46 million dirhams during the fourth quarter of 2018 as a result of its graduation from its stake in the joint venture Aramex Global Solutions.
The company maintains a very strong cash position thanks to its prudent financial management, as the total cash liquidity available to Aramex reached 1 billion dirhams by the end of 2019, while the cash flow reached The free 294 million dirhams.
