Dubai's Aramex on Thursday warned of an uncertain outlook for the logistics firm in 2012 due to unrest in the Middle East and worries over the global economy, as it reported a 4 percent rise in quarterly profit.
Aramex made a net profit of 57.2 million dirhams ($15.57 million) in the fourth quarter, up from 55 million dirhams in the corresponding period in 2010, the company said in a statement to the Dubai bourse.
Revenue for the quarter reached 682 million dirhams, up 18 percent from 580 million dirhams in the prior-year period.
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