AD Ports Group report 21% rise in H1 revenue

Arab News: AD Ports Group on Saturday reported a 21 percent year-on-year increase in revenues in the first half of the year, the official WAM new agency reported. 

According to the financial results, the group reported 1,832 million dirhams ($499 million) revenue as compared with 1,517 million dirhams in the first half of 2020, driven by organic growth, diversification into new businesses, new leases and partnerships.

EBITDA rose 8 percent year-on-year to 770 million dirhams, up from 714 million dirhams in the first half of 2020, with growth across most of the business clusters.

https://www.arabnews.com/node/1949161/business-economy

Arab News.com Contribution Time: 17-Oct-2021 10:17 (GMT)
Arab News.com Last Update Time: 17-Oct-2021 10:17 (GMT)