Dubai Financial Market | ARAMEX | Aramex reports AED 2.97 billion in H1 2022 revenue

 

Aramex reports AED 2.97 billion in H1 2022 revenue


• Increased activity in Industrials, Retail, Pharmaceuticals, and SMEs are contributing positively to the Freight-Forwarding and Logistics business
• Normalization in e-Commerce activity combined with the current macroeconomic pressures are leading to volume declines in the Courier business in line with the industry
• Sustained gross profit margins at a Group level driven by strong growth in FreightForwarding and Logistics business and operational efficiencies in Courier business
• Robust balance sheet, conservative leverage, and strong cash position underpin expansion and upcoming M&A activity, including the recently announced MyUS acquisition
• Continuous investment in digital and tech infrastructure to unlock operational efficiencies 

 

Press release regarding financial results for the first half of 2022

Regional Markets indices ()

Name Last Change (%) Value
Abu Dhabi 9,263.96 0.1 1,225,966,878
Dubai 4,232.94 0.03 325,821,692
Saudi 12,565.89 0.33 10,538,287,961
Kuwait 8,081.99 0.1 59,404,228
Qatar 9,943.61 0.14 468,363,576
Muscat 4,673.13 0.8 3,299,061
Bahrain 2,055.96 0.6 880,206
Egypt 27,559.35 2.36 1,817,550,644
Amman 2,457.97 0.56 3,690,622
Palestine 542.99 0.03 312,031

Commodities

Name Last update Closing Price Change %
Brent Mar-28 87.48 1.61
Natural Gas Mar-28 1.76 2.62
Gold Mar-28 2,238.40 1.16
Silver Mar-28 24.92 0.66
Platinum Mar-28 921.10 1.25
Nymex Light Mar-28 83.17 2.24

Global Market Indices

Name Opening price Closing Price Change%
Dow Jones 39,763.70 39,807.37 0.12
Nasdaq 16,446.80 16,379.46 0.12
S&P 500 5,248.03 5,254.35 0.11
Name Opening price Closing Price Change%
Frankfurt 18,477.40 18,492.49 0.08
Paris 8,216.77 8,205.81 0.01
London 7,931.98 7,952.62 0.26
Stockholm 969.74 963.34 0.81
Switzerland 11,732.83 11,730.43 0.21
Name Opening price Closing Price Change%
Shanghai 2,988.59 3,010.66 0.59
Hong Kong 16,378.40 16,541.42 0.91
Jakarta 7,289.22 7,288.81 0.29
Tokyo 40,324.42 40,168.07 1.46

Currency

Name Rate Last update
EURO/USD 1.079 Mar-28
GBP/USD 1.262 Mar-28
USD/JPY 151.390 Mar-28
USD/CHF 0.902 Mar-28