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Alexandria Container and Cargo Handling reports surge in income in 9M 2022-23
The company’s topline was buoyed by rising revenues from its storage unit
AD Ports reports surge in income in 1Q 2023
New acquisitions, along with strong performance across ports, maritime and freezone divisions, drove growth
Agility posts bottomline growth on the back of new revenue streams
The company benefited from “booming” maritime sector growth and new acquisitions
Aramex sees net income fall 49% y-o-y amid global headwinds
The company’s net income fell due to the normalization of shipping volumes, as well as inflationary pressures
Emirates Group posts record revenue and net profits in 2022-2023
The record figures come on the back of the post-pandemic recovery in travel
Bahri’s bottom line sees 659% jump in 1Q 2023 + Air Arabia reeled in AED 291 mn in 1Q 2023
Improved performance in the oil and chemical transportation sectors were the main drivers behind the jump
Qatar logistics giant GWC posts net income of QAR 61.5 mn in 1Q 2023
The lion’s share of revenues came from the company’s logistics operations
UPS reports lower 1Q 2023 revenue as freight volumes remain strained
UPS’ revenues fell 6% y-o-y in 1Q 2023 to USD 22.9 bn, according to the company’s earningsrelease (pdf). The quarter’s…
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