Emirates Transport revenues up by 10.6 % to AED2.4 bn

Emirates Transport, ET, reported that revenues increased by 10.6 percent to AED2.4 billion by the end of 2016, while its net profit rose to AED182.4 million, representing a growth of 25 percent from 2015.
''The corporation recorded a 61 percent return on capital, and has 3.019 billion in total assets," said Mohammad Al Jarman, General Manager of ET. He spoke while honouring 106 employees and administrative units during the Emirates Transport Excellence Awards 2017, which was held on Sunday to recognise the work of outstanding employees.
Al Jarman applauded the culture of achievement at the federal transport corporation and urged employees to continue challenging themselves. He also highlighted the role of the UAE leadership in inspiring excellence as the way forward for all government employees.
"This award was launched in 1997, and it grew rapidly across all levels and categories with increasing participation, and here we are today to celebrate twenty years of excellence and creativity at Emirates Transport. The award embodies the spirit of our astute government, which is keen to nurture and boost distinguished talents in government institutions," he said.
Speaking to employees, Al Jarman noted, "Investment in human capital is our primary focus. Through its various categories, the award aspires to highlight the outstanding achievements of ET's employees and administrative units, document their successful experiences, and promote excellence."
He also praised the hard work and innovation of the employees over the past year, which led to higher revenues and improved business results across the board.
Various categories were honoured during the ceremony, including best business centres and departments, best administrators, rising stars, drivers and auto technicians, along with a special tribute to long-serving employees.

Source: WAM