The DP World Container Terminal operator had record revenues in the 2024, but the total profit weakened due to the higher cost of financing and the challenging global economic environment.
The announcement of the private DP World of Dubai in a statement is said to have been revenue in 2024, which was $ 20 billion, which is 9.7% compared to the previous year. Adapted earnings before interest, tax, depreciation and depreciation, pre -x profit, amounted to a record $ 5.5 billion, which increased 6.7% in the year with a strong margin of 27.2% in the year. Earnings before interest and tax, or operating profit, was $ 3.36 billion, which is 10.2% compared to $ 3.06 billion.
The income of the arch and terminal per equivalent unit of twenty feet increased by 13.9% in a similar way, with strong growth from the Middle East and America.
But Headwinds reached the total company’s total profit at $ 1.5 billion, which fell to 2% y/y. The company announced that this was primarily due to the higher financing costs and problems with the supply chain dealing with global trade. Profit can be directly attributed to the owners a significant decline of over 27%, indicating increased financial and operational pressure on the company.
The container management capacity surpassed 100 million Teu -au 2024, supported by strategic capital expenditures of $ 2.2 billion focused on key growth markets such as the United Arab Emirates and India. Looking in advance, DP World has changed $ 2.5 billion for its 2025 budget, aiming for further expansion to new regions and improvements of existing infrastructure.
In response to evolving market requirements, DP World said he also intensified his focus on logistics and integrated solutions for supply chain.
A company that reports on improved cash flow from operational activities, which increased by $ 18.9% to $ 5.5 billion.
Find multiple Stuart Chirls articles here.
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