Transguard Group Announces Full Year Results
Dubai, UAE, 5 June 2023 – Transguard Group has today announced its financial results for the full year ended 31 March 2023: The business solutions provider’s revenue reached AED 2.5 billion, representing growth of 14.5% over the previous year; Transguard also announced a profit of AED 172 million, a 44% increase from FY21/22.
“With the restrictions of Covid-19 firmly behind us, we will continue to grow the business through our unwavering commitment to listen to our clients and curate flexible solutions that fit their ever-changing needs,” states Nick Beer, Chief Financial Officer, Transguard Group.
Highlights of the financial year include the announcement of an expanded Board of Directors, significant investment in sustainability initiatives and multiple welfare activities, as well as an increased presence throughout all seven emirates of the UAE.
Transguard’s full annual report is available for download on its website: www.transguardgroup.com/about-us.