FINANCIAL NEWS

Dubai World Ltd records 5.7pct increase in Q1

28 Apr 2017

(MENAFN) DP World Limited handled 16.4mn twenty-foot equivalent units through its global portfolio of container terminals in the first quarter of this year, with gross container volumes growing by 5.7pct.

Meanwhile, the first quarter viewed a steady start, especially the group’s terminals in Europe and the Americas, while UAE also stabilized and handled 3.7mn TEU.

The firm’s also handled 8.7mn TEU amid the cited quarter of the year, a 19.9 percent development in performance on a reported basis and up 1.6 percent year on year.

Accordingly, there are signs of a gradual enhancement in the market environment this year and its portfolio had an encouraging start to the year.

MENAFN2804201700450000ID1095426493

MENAFN2804201700450000ID1095426493

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