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05 April 2020 The on-line newspaper devoted to the world of transports 20:53 GMT+2

March 11, 2020

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DP World ended 2019 with record revenues of 7.69 billions of dollars

Net profit decreased by -12.0% due to higher financial burdens

In 2019, revenues from Dubai's DP World terminalist group a record value of USD 7.69 billion, with a growth of 36.1% on the previous year, mainly driven mainly by the previous year acquisitions over the past year including P&O Ferries, Topaz Energy & Marine and two Ports terminals in Chile at Puerto Central and Puerto Lirquen as well as Indian Continental's contribution throughout 2019 Warehousing Corporation, by The Peruvian Cosmos Agencia Maritima and Denmark's Unifeeder and the consolidation of its assets in Australia. Operating profit was 2.08 billion dollars (up 8.5%) net profit at USD 1.19 billion, with a -12.0% decrease generated mainly by higher financial burdens. Recall that last year the port terminals DP World have handled traffic 39.9 million teu, an increase of 8.6% ( 5 February 2020).

In the second half of 2019 alone, the group's revenues Middle East figure was US 4.22 billion dollars, growth of 39.8% in the second half of 2018. Profit operating income was US 992.8 million, or 2.9%, And net profit of US 514.3 million dollars (-24.4%).

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