EMTL Swings to 28.2 bln Birr Profit as Cargo Volumes Rise 27%
The Ethiopian Maritime Transport and Logistics Enterprise (EMTL) returned to profitability in the 2025/26 fiscal year, posting a pre-tax profit of 28.2 billion birr after recording a 12.4 billion birr loss a year earlier, as cargo volumes and revenue increased amid a renewed focus on logistics operations. The enterprise handled 7.04 million metric tons of...