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Aramex’s net profit up 21%

Aramex, a Dubai-based transportation and logistics solution firm, yesterday reported 24% growth in revenue to Dhs494.4m ($134.7m) for the first quarter of 2008, up from Dhs399.6m in the same period last year. Net profit for the first quarter rose 21% to Dhs36.2m, from Dhs29.9m for the same period last year, the company said in a statement.