Thursday 28 August 2014

DP World reports $331.8m half year profit | GulfNews.com

DP World reports $331.8m half year profit | GulfNews.com:



"DP World, the Dubai government owned global port operator, reported on Thursday a half year profit of $331.8 million, 25.68 per cent higher than the same period a year earlier.



New capacity, a pick-up in global trade and a subsequent increase in volume growth were behind the numbers, said Chairman Sultan Ahmed Bin Sulayem in a statement.



Revenue for the six months ending June 30 was up 9.9 per cent to $1.659 billion, which DP World said explained the 12 per cent increase in containerised revenue and 10.2 per cent increase in non-container revenue."



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