DP World 2023 revenue up 7%

DP World reported a seven percent increase in revenue at $18.3 billion for the year ended December 31, 2023. Profit for 2023 declined 18 percent to $1.5 billion, mainly due to higher finance costs, says an official release. "Adjusted EBITDA increased by two percent to $5.1 billion, and EBITDA margin for the year stood at 28 percent. Like-for-like adjusted EBITDA margin stood at 28.9 percent."