DP World's shares surge on rising profit and revenue | ZAWYA MENA Edition

DP World's shares surge on rising profit and revenue | ZAWYA MENA Edition:

DP World, one of the world’s largest port operators, reported a higher net profit at $753 million for the first half of the year 2019, triggering a rally in the company’s shares. 


The company’s net profit attributable to owners rose to $753 million compared to $593 million in H1 2018, a 26.98 percent increase. Its shares rose 5.04 percent in early trading on Thursday by 10:40 GST.

DP World’s H1 2019 revenue increased 31.56 percent to $3.46 billion, compared to $2.63 billion for the same time last year.