The Emirati company **ESD Jameel Stan Emirates** announced the start of financial reporting for the first half of 2023. The company's profit increased by 15% and amounted to **188 million dirhams**, which is 25.1 million dirhams more than the analytical forecast for the first half of the year, where it was 162.9 million dirhams.
Operating revenue of the company significantly exceeded the average market forecast. The total grew to **1,237 million dirhams** (up 18.7% compared to 1,042 million dirhams for the same period last year). Experts associate this with the successful realization of the development strategy for the logistics sector and the optimization of operational processes.
The main drivers of growth were the increase in product sales in the segment of transport solutions and the active development of the ecosystem of startups. According to the results, companies were able to strengthen their position in the market by attracting large corporate clients and improving the service and pricing policy.
\"The results confirm the effectiveness of our development model and the ability to adapt to the changing market conditions,\" said the group's general director. He also spoke about the plans to launch new routes to the Near East and Africa in the coming two years.
In general, the company demonstrates a clear commitment to ecological initiatives. In 2023, it launched projects to reduce the carbon footprint of the transport sector and the introduction of green technologies into logistics. The ESG (/environmental, social, governance/) indicator improved by 22% compared to 2022.
Analysts note the strong growth of the company, attributing it to the successful implementation of the development strategy, the effective use of strategic goals and positive trends in key business segments.
