DUBAI - Dubai-based courier Aramex said on Thursday quarterly net profit fell 31% due to the disruptive impact of the COVID-19 pandemic on global supply chains.
Net profit declined to 65.5 million dirhams ($17.83 million) for the second quarter, compared with 94.4 million dirhams a year earlier.
The company said the business continued to invest in digital transformation to improve efficiencies and adapt to consumer and industry trends.
($1 = 3.6726 UAE dirham)
(Reporting by Hadeel Al Sayegh; Editing by Ramakrishnan M.) ((Hadeel.AlSayegh@thomsonreuters.com; +971566883310;))