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UAE-based Transguard Group on Wednesday released its annual figures for the financial year ending March 31, revealing another record, with revenue, profitand headcount increasing across the board.
The figures, audited by PricewaterhouseCoopers, highlight the gro-up’s strength in the market, gene- rating revenue of more than AED2.3 billion, a 22% increase over the previous year and profit over AED163 million and a head count increase by 17% from 55,399 to 64,774.
“These are incredible results, particularly when the tough business conditions we’ve witnessed in the last 12–24 months are taken into consideration. The major contributing factor to our success has been our ability to retain key accounts while also winning some very important new contracts, 470 in total, valued at over AED1.3 billion,†said Dr Abdulla Al Hashimi, CEO, Transguard Group. “We have an in-depth understanding of our clients’ requirements which is a direct result of our customer-focused business strategy,†added Al Hashmi.