Delivering Economic Value
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In spite of a turbulent economic climate, Aramex’s agile business model and stakeholder-centered approach reflected into record profits in 2009. Despite a 6% drop in revenues to AED 1,961 million, or USD 533 million, our net profits surged by 25% to AED 184 million, or USD 50.178 million, as net profit margins increased to 9.4%. We were able to deliver these results thanks to cost-cutting programs and an entrepreneurial culture that empowered our people to innovate, maintain market share and deliver customer-focused solutions. [Read more]
Profit posted from 2007 till 2009
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2007
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2008
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2009
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| Profit (USD’000) |
33,097
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40,113
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50,179
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Locally hired management from 2007 till 2009
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2007
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2008
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2009
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| No. of Locally Hired Management |
237
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255
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277
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| No. of Expat Management |
165
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176
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211
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