AD Ports Group Reports $370.28m In Net Profit For 2023

Capt. John
  • Record Full-Year 2023 Revenue Increasing 112% YoY.
  • EBITDA Rising 23% YoY to AED 2.7 billion and Net Profit 6% YoY to AED 1.4 billion.

AD Ports Group has unveiled its preliminary financial results for the previous year (January-December 2023), reports Container News.

Strong Operational and Financial Performance in 2023

In the previous year, AD Ports reported that revenue experienced a remarkable surge of 112% year-on-year (yoy) reaching US$3.18 billion, with Q4 2023 witnessing a notable 105% yoy...

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