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Thu 17 Mar 2016 09:51 AM

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Dubai's DP World annual profit rises 30.7%

DP World's 2015 profit attributable to owners of the company was $883 million

Dubai's DP World annual profit rises 30.7%

DP World, one of the world's largest port operators, posted a 30.7 percent rise in annual profit, the company said on Thursday.

DP World's 2015 profit attributable to owners of the company was $883 million, it said in a bourse statement.

This compares with a profit of $675 million in 2014.

DP World's 2015 revenue was $3.97 billion, up from $3.41 billion a year earlier.

The company set its 2015 ordinary dividend at $0.30 per share. This compares with the $0.235 dividend paid out for 2014.

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