UPS sees pre-tax profit dip despite £1.2bn spike in turnover


 

The continual move by the public towards online shopping during 2021 helped UPS increase its turnover to £1.2bn, latest results showed. However, the 7% increase in revenues for the parcel delivery firm was not mirrored in its pre-tax profit, which instead reduced by 22.7% to £91.2m for the year ending 31 December 2021. The company […]