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[Oct 2017] Ethio Bus (Ethio Transport) Latest Ethiopian News AddisBiz.com | Ethiopian Business Directory & Portal - Addis Biz

Selam Posts Profits 33 million br

Selam Bus  share company has posted an impressive profit in midst of declining services around the country.

It reported a net profit of 33 million Br, compared to 29.7 million in 2015, exhibiting a hike of 11pc.

This is a positive result, considering its nearest competitor, Sky Bus S.C., loss of 400,000 Br in 2014/15.

For Selam, its income increased by 14.5pc to 259.1 million Br as demands went up and a noted decrease of its services in parts of the country due to the recent unrest.

Last year, it lost

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