Revenue tops $7.9 billion for DP World ...United Arab Emirates

ME CONSTRUCTION NEWS - Local News
Revenue tops $7.9 billion for DP World
source : ME CONSTRUCTION NEWS ( United Arab Emirates ) () 26
DP World Limited has announced exceptionally strong financial results for the six months to June 30, 2022 with total revenue growing 60.4% year-on-year (equivalent to 20.1% on a like-for-like basis). Revenues reached $7.932 billion, with key highlights including – Container revenue per TEU increasing by 9.2%, driven by higher demand for storage Adjusted EBITDA of $2.441 billion and adjusted EBITDA margin of 30.8% Adjusted EBITDA increased by $628 million, and EBITDA margin for the half-year standing at 30.8%. Like-for-like adjusted EBITDA margin was 38.2% Cash from operating activities increased by 29.6% to $1,931 million in H1, 2022 compared to $1,490 million in H1, 2021 DP World credit ra

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