Aramex’s net profits fall 38% in Q1-20

Aramex’s net profits fall 38% in Q1-20

The earnings per share (EPS) attributed to the equity holders of the parent company stood at AED 0.046 in the Q1-20 from AED 0.074 in the same quarter of 2019.. Obeid added: "Over the period, International Express and Freight Forwarding were negatively impacted.. Noteworthy to highlight, in 2019, the company's net profits increased by 1% to AED 497.4 million from AED 492.6 million in 2018..