Dubai’s DP World posts 11.8 percent net profit increase in 2014

19 Mar 2015

(MENAFN) Dubai’s DP World, one of the world’s largest port operators, recorded an 11.8 percent net profit increase in 2014, the company said, Reuters reported.

The firm made a profit attributable to shareholders of USD675 million compared with USD604 million in the prior year, it said in a statement to the NASDAQ Dubai bourse.

Revenue in the 12 months was USD3.41 billion, up 11 percent from 2013. The company set its 2014 ordinary dividend at 23.5 cents per share, almost the same as the 23 cents dividend for 2013.

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