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Dubai News Club > Business > P&O Ferries parent DP World reports record profits
Business

P&O Ferries parent DP World reports record profits

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Last updated: 2022/08/18
Press Room
Published: August 18, 2022
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The Dubai-based group that owns P&O Ferries reported record profit in the first half of the year, a period when the UK company attracted sharp criticism for sacking nearly 800 crew to save money.

DP World said profit climbed 52 per cent to $721mn in the six months to the end of June, thanks to a strong performance from its cargo business.

The results, released on Thursday, did not break out figures for P&O Ferries, which caused a political firestorm after it ordered ships back to port…

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