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DP World reports growth in hot freight market during first half year

Dubai-based port major DP World reports growth in the revenue and bottom line during the first half of the year, marked by a bustling freight market. The company maintains positive expectations for the second half despite considerable uncertainties.

Photo: DP World

DP World sees improvement of its revenue and bottom line in the first six months of the year.

The major port operator, based in Dubai, books revenue of USD 4.9 billion in the first half of the year, an increase of 21.3 percent compared to the same period last year, while the bottom line comes out to a profit of USD 475 million, reads a financial update on Thursday.

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