Dubai-based global ports and logistics giant DP World has reported a 70% surge in first-half profit to US $960 million, compared with US $570 million in the same period last year, defying economic headwinds and geopolitical tensions.
Revenue climbed 20% year-on-year to US $11.2 billion, driven by strong growth in the ports and terminals segment and steady contributions from recent acquisitions. Container volumes grew 5.6% (like-for-like) to 45.4 million TEUs, with notable gains in Europe, the Middle East and Africa.
The company navigated persistent trade tariff uncertainty and Red Sea shipping disruptions through its integrated logistics platform, enabling smooth cargo flows despite regional instability.
Capital expenditure during the period stood at US $1.08 billion, part of a full-year investment plan of US $2.5 billion targeting expansion projects in Jebel Ali, Tuna Tekra (India), London Gateway (UK), Dakar (Senegal), and logistics and maritime units worldwide.
Group Chairman and CEO Sultan Ahmed bin Sulayem credited the results to operational resilience and diversification. “Despite geopolitical challenges, our integrated approach has delivered strong results and ensured reliable services for our customers,” he said.
Group Deputy CEO and CFO Yuvraj Narayan added that the performance was underpinned by robust cash generation, disciplined balance sheet management and healthy throughput growth.
Looking ahead, DP World remains optimistic about the medium- to long-term outlook for global trade, forecasting continued momentum in throughput and revenue growth for the remainder of 2025.