Friday 20 March 2015

DP World’s profits rise to $675m in 2014 |GulfNews.com

DP World’s profits rise to $675m in 2014 |GulfNews.com:



"Dubai Ports (DP) World, one of the world’s largest port operators, reported on Thursday an 11.7 per cent profit increase for 2014 with throughput up 8.7 per cent across its portfolio.



The port operator made $675 million (Dh2.5 billion) for the year ending December 31, 2014, compared to $604 million a year earlier, it said in a statement to Nasdaq Dubai. Revenue was $3.411 billion for the period, up 11 per cent compared to $3.073 billion in 2013.



“We benefited from increased volumes across our global portfolio, including Embraport in Brazil and London Gate win the UK,” DP World Chairman, Sultan Ahmad Bin Sulayem, later said at press conference."



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