DP World posted earnings of $450 million in 2010, but fails to follow Peru's labor laws regarding dockworkers. The Peruvian media reported on DP World's abuse on December 7.
DP World, the global container terminal operator, said it will seek shareholders approval for a one-for-20 reverse stock split in a bid to boost its share price ahead of a planned listing in London.
The company boosted earnings 35 percent in 2010 to $450 million from $333 million in the previous year on a 9 percent increase in revenue to $5.2 billion.
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