Sun 26 Sep 2010 07:52 AM
Mohammed Sharaf
43

Mohammed Sharaf

Industry: Transportation

Designation: Dubai government-controlled port operator DP World said first-half net profit rose ten percent on a recovery in container volumes, and second-half results should also be better, driven by seasonal trade flows.

Country: United Arab Emirates

Occupation: Dubai government-controlled port operator DP World said first-half net profit rose ten percent on a recovery in container volumes, and second-half results should also be better, driven by seasonal trade flows.

$6,866

DP World Ltd

UAE

Dubai government-controlled port operator DP World said first-half net profit rose ten percent on a recovery in container volumes, and second-half results should also be better, driven by seasonal trade flows. Net profit after tax from continuing operations rose to $206m, boosted by a rise in non-container revenues and stripped back costs, said CEO Mohammed Sharaf.

"We are on track to meet full-year results in line with our expectations," he said in a statement.

But the global port industry is a labour-intensive one, and DP World is one of its largest players. As a result, per-head profit for the operator's 30,000-strong workforce comes in at a mere $6,866.