DP net profit up 11.8 percent in 2014

21 Mar 2015

(MENAFN) Dubai’s DP World, one of the world’s largest port operators, posted an 11.8 percent rise in 2014 net profit as profit margins grew in all its regions, Arab News reported.

The firm made a profit attributable to shareholders of USD675 million compared with USD604 million on year. Revenue were USD3.41 billion, up 11 percent from 2013.

DP World invested USD807 million across its portfolio during the year, adding 2 million twenty-foot equivalent units (TEU), expecting to have 85 million TEU of gross global capacity by 2015-end.

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