DUBAI's dp World reported a two per cent decline in profit to US$1.5 billion, drawn on record revenues of $20 billion, reports Dubai's Khaleej Times.
'Our strategic focus on high-margin cargo and integrated supply chain solutions positions us for sustained growth and value creation,' said CEO Sultan Ahmed bin Sulayem.
Revenue per box rose 13.9 per cent with significant growth reported in the Middle East and the Americas.
A DP World statement noted that the company's total capacity exceeded 100 million TEU, supported by ongoing investments in key growth markets.
In 2024, DP World allocated $2.2 billion in capital expenditure, an increase from $2.1 billion in 2023. The 2025 capital expenditure budget is projected at $2.5 billion, focusing on facilities in the UAE, India, the UK, Senegal, and Saudi Arabia.
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'Our strategic focus on high-margin cargo and integrated supply chain solutions positions us for sustained growth and value creation,' said CEO Sultan Ahmed bin Sulayem.
Revenue per box rose 13.9 per cent with significant growth reported in the Middle East and the Americas.
A DP World statement noted that the company's total capacity exceeded 100 million TEU, supported by ongoing investments in key growth markets.
In 2024, DP World allocated $2.2 billion in capital expenditure, an increase from $2.1 billion in 2023. The 2025 capital expenditure budget is projected at $2.5 billion, focusing on facilities in the UAE, India, the UK, Senegal, and Saudi Arabia.
SeaNews Turkey
