Attracting figures despite challenging market conditions
In 2016, the profit of Dubai-based global ports operator, DP World, attributable to its parent company on a reported basis was US$1.13bn, a 27.6% increase on the US$883m generated in 2015, but this was partly because of the strengthening US dollar. On a like-for-like, constant-currency basis, profit increased by 6.2%. Similarly, revenue was up by 4.9% to US$4.16bn but on a like-for-like, constant-currency basis, the increase was 1.3%. In the Middle East, Europe and Africa segment, the company’s revenue was up by 5.5% on a reported basis, and by 1.9% on a like-for-like basis to US$3bn.
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