Dubai port firm profits rise 22 percent in 2010

Dubai port firm profits rise 22 percent in 2010
DUBAI, United Arab Emirates (AP) – Port operator DP World says its profit jumped 22 percent last year as it benefited from a pick-up in shipping fueled by an improving global economy. The Dubai-based cargo handler said Wednesday its 2010 profit rose to $451.1 million from $370.1 million a year earlier. After accounting for one-time adjustments, DP World says its profit rose 35 percent to $450 …

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