Dubai ports operator DP World reported flat profit growth against the backdrop of a “challenging” global economic environment but said its focus on emerging markets would allow it to continue to outperform the rest of the industry.
The world’s third-largest port operator reported net profit of $283m in the first half of 2012, compared with $281m in the same period last year. Revenues reached $1.53bn compared with $1.5bn in the first half of 2011.