Dubai Ports World announced a profit for the past year of $ 1.27 billion (4.7 billion dirhams), an increase of 7.6% compared to 2017, noting that it achieved Strong financial results from its global business portfolio.

The group reported that its revenue last year rose by 19.8%, to exceed $ 5.6 billion, and earnings per share increased by 4.9% to 43 US cents per share to reflect growth Earnings.

According to the group’s statement, capital expenditures increased in 2018 to reach $ 908 million across its portfolio, indicating that the total carrying capacity of its business amounted to 90.8 million TEUs in 2018. .

The Board of Directors of the Group recommended increasing the dividends by 5% to 356.9 million dollars, by 43 US cents per share.

The Chairman of the Board and CEO of the Group, Sultan Ahmed Bin Sulayem, expected that the Group’s business portfolio will remain strong and flexible and that the increase in the contribution of recent acquisitions and investments will support the financial performance of the group.

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