( 3minutes read)
Ethiopost gained revenue of Birr 568 million in the past six months of the current fiscal year mainly from letter and package deliveries, EMS, logistics, and transport services. Its gross profit also reached Birr 146 million during the same period
The company’s revenue increased due to its achievement in addressing issues related to the speed and safety of services. It has more than 700 branches nationwide. The company was at a loss of Birr 78 million, a few years ago.
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Of late, the company has carried out a slew of reforms including improving the financial system of the company, raising revenue by revising and renewing the company’s basic postal services which included revising the postal tariff which had not been revised for ten years, restructuring the debts of the company, and recovering the company’s customer service and corporate image.
