Ethiopian Shipping and Logistics Services Enterprise (ESLSE) amassed over 5.6 billion birr profit before tax in the 2021/22 budget year. The enterprise, which is the only flag carrier in Africa, financial capablity has also reached 64.85 billion birr.
The multimodal monopoly, ESLSE, has also generated 1.8 billion birr revenue from its vessels in the stated period.
Roba Megersa, CEO of ESLSE, siad that all vessles are free from any debt that contributes to spike in profitablity.