The Ethiopian Shipping and Logistics Services Enterprise (ESLSE) posted a net profit of 36 billion Birr for the 2024/25 fiscal year, up from 6.5 billion Birr the previous year. The state logistics firm attributed the revenue surge primarily to Ethiopia's floating foreign exchange regime, though independent financial auditors flagged discrepancies in the enterprise's reporting.
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Ethiopian Shipping Enterprise Reports Sixfold Profit Surge Following Foreign Exchange Float
ESLSE nets 36 billion Birr while auditors raise questions regarding financial discrepancies.
ምንጭ፦ The Reporter Ethiopia·19 ሴፕቴምበር 2026
Tags:#Ethiopia#ESLSE#Logistics#Economy#Foreign Exchange
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