AD Ports financial growth highlighted in 2021 results

Capt. John

In recently released audited 2021 financial results for the 12 months ending December 31, AD Ports Group reported revenue growth of 14% year-on-year to AED 3.9 billion in 2021, compared with AED 3.4 billion in 2020, driven by volume growth, business diversification and new partnerships.

EBITDA increased to AED 1.6 billion during 2021, up from AED 1.5 billion in 2020, while net profits reached AED 853 million in 2021, up from AED 397 million in 2020.

General cargo volumes hit a new record level of...

https://www.themaritimestandard.com/ad-ports-financial-growth-highlighted-in-2021-results/

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