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DP World profit up 10.9pc to $604m

Dubai, March 20, 2014

Dubai-owned port operator DP World posted a 10.9 percent rise in annual profit on Thursday.

The world's fourth-largest port operator clocked $604 million in profit attributable to shareholders for 2013, compared with $545 million in 2012, it said in a statement to the Nasdaq Dubai bourse on Thursday.

Revenue for the period fell 1.5 percent to $3.07 billion from $3.12 billion in the prior year, the company said.

The company set its 2013 ordinary dividend at 23 cents per share. This compares with 21 cents per share for 2012, according to the statement. -Reuters




Tags: DP World | Dubai | shipping | port |

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