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Dubai’s DP World reports slight rise in 2019 profit

DP World made $1.34 billion last year compared to $1.33 billion in 2018. (File/AFP)

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https://arab.news/m9ff9

Updated 11 March 2020

Reuters

March 11, 2020 05:15

Dubai’s DP World reports slight rise in 2019 profit

DP World is one of the world’s largest port operators

Updated 11 March 2020

Reuters

March 11, 2020 05:15

DUBAI: Dubai state controlled port operator DP World reported on Wednesday a marginal increase in full-year profit and said it was concerned about the near term outlook due to the coronavirus outbreak.
DP World, one of the world’s largest port operators, made $1.34 billion last year compared to $1.33 billion in 2018, it said in a bourse filing. Revenue rose 36.1% to 7.7 billion.