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Aramex Q2 profit up 35%
- United Arab Emirates: Sunday, July 30 - 2006 at 16:30
Aramex, a Dubai-listed transport logistics firm, says Q2 2006 profit increased by 35% to $6.7m compared with Q2 2005. Quarterly revenues were up 73% to $98.4m compared to $56.8 in Q2 2005. Half-yearly revenues went to $163.4m, 52% better than for H1 2005. Aramex acquired Twoway Vanguard, a logistics and freight service provider with a network across the UK, Ireland and the Netherlands, in the quarter.
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James McInerney, News EditorSunday, July 30 - 2006 at 16:30 UAE local time (GMT+4)
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