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ET registers annual growth of 18% in revenues in 5 years

: Tuesday, August 26 - 2014 @ 09:20

Emirates General Transport and Services Corporation, or Emirates Transport (ET) has posted total revenues of Dhs1.5bn in 2013 maintaining an annual growth rate of 18% over the past five years, the federal government corporation has announced in its annual report for 2013, Emirates News Agency reported. Emirates Transport also reported total assets of approximately Dhs2bn for 2013. ET’s report, titled ‘Growth and Sustainability’ and marks 32 years of the corporation’s work, says in 2013 the corporation which now has 800 clients from the public and private sectors has signed 218 new major contracts and investment agreement with strategic partners. The transport and services corporation attributed the results to the efforts of its 13,600 employees working at 41 sites across U.A.E. and to its fleet of 13,500 buses and vehicles.

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Tuesday, August 26- 2014 @ 9:20 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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