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Tags: ML | Dubai | Earns | DP World

Port Operator DP World Half-yearly Profits up 50 Percent

Thursday, 18 August 2016 08:16 AM

DUBAI, United Arab Emirates (AP) — One of the world's largest international port operators, DP World, has announced a 50-percent rise in profits of $609 million attributable to shareholders for the first half of the year.

The Dubai-based port operator said Thursday its half-year revenues peaked to $2.09 billion, up from $1.9 billion the same time last year.

DP World's acquisitions of Dubai's Jebel Ali Free Zone and Canada's Prince Rupert Terminal attributed to some of that growth.

DP World, which trades on the Nasdaq Dubai, ranks among the world's largest port operators, with business at 70 marine terminals in 31 countries around the world. The government-backed firm's full-year revenues in 2015 were $3.9 billion, with profits of $883 million.

Online:

DP World: http://web.dpworld.com/

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


MiddleEast
One of the world's largest international port operators, DP World, has announced a 50-percent rise in profits of $609 million attributable to shareholders for the first half of the year.The Dubai-based port operator said Thursday its half-year revenues peaked to $2.09...
ML,Dubai,Earns,DP World
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2016-16-18
Thursday, 18 August 2016 08:16 AM
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