Revenues rose 17 per cent to Dh976.9 million as a result of its increased market share.
Revenues rose 17 per cent to Dh976.9 million as a result of its increased market share.
The shipping company's net income reached Dh20.2 million for the year ended December 31, 2015. This is significantly higher compared to the 2014 profit of Dh10.03 million.
Du made a net profit of Dh461.0 million ($125.5 million) in the three months to December 31, down from Dh512.7 million in the year-earlier period, according to Reuters' calculations based on previous financial statements.
The group has already invested $1.2 billion and is currently the only foreign operator with six port concessions in India with approximately 30 per cent market share.
This is part of its preparation for the first Commonwealth of Independent States Global Business Forum in Dubai, to be held on February 17 and 18. It has launched a special report on the occasion titled, 'Tapping the Silk Road Opportunities'.
Children love smartphones and tablets because of their bright, flashy images and intuitive, responsive interfaces, and are happy to spend hours watching videos and playing games.
Property firm records Dh15.28 billion total sales in 2015
Etihad Etisalat (Mobily) in November said it was considering selling its towers, most likely to a tower company which would lease these back to the seller.
Excluding the company's recent acquisition of Al Bayan Water Co, the group said profit and sales grew by 18 per cent and 11 per cent, respectively.
Other executives at LinkedIn, some at business analytics company Tableau Software, and a number of the companies' venture capital backers also took losses running into tens of millions of dollars as both stocks tumbled on dismal financial outlooks.