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DUBAI / WAM
Emirates Transport (ET) announced net profit of AED244.2 million for the year 2017, an increase of 34 percent on 2016, with revenues also boosted to AED2.558 billion, recording an increase of 6.8 percent compared to the previous year.
In his introductory comments of the report, Hussain bin Ibrahim Al Hammadi, Minister of Education and Chairman of ET’s Board of Directors, praised the significant results achieved throughout last year and highlighted the significance of the corporation’s new Strategic Plan.
He said, “The achievements and results in 2017, coincides with the launch of ET’s first five-year strategic plan 2018-2022. We aim to strengthen the corporation’s leading position in the transport, leasing and auto services sector by focussing on efficiency and quality of services and procedures.â€