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Dubai's DP World H1 Profit More Than Doubles - ASHARQ AL-AWSAT English Archive
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DUBAI, (Reuters) – Dubai-based port operator DP World’s first-half profit from continuing operations after tax more than doubled to $287 million, the company said on Thursday.

The company repeated its outlook that it expected to meet expectations and said that so far in the second half of the year it had outperformed the market.

DP World, the world’s fourth-largest container port operator, said last month it expected to meet 2008 expectations as emerging market business mitigates a global economic downturn.

Shares in the firm have fallen 34 percent so far this year.

Asharq Al-Awsat

Asharq Al-Awsat

Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities. Launched in London in 1978, Asharq Al-Awsat has established itself as the decisive publication on pan-Arab and international affairs, offering its readers in-depth analysis and exclusive editorials, as well as the most comprehensive coverage of the entire Arab world.

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