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rdf:type	schema:NewsArticle
schema:articleBody	Dubai port and logistics giant DP World said Wednesday its net profit for 2019 rose 4.6 percent on increased trade and returns from acquisitions. The global provider, which runs port operations in more than 40 countries, said in a statement that it posted a net profit of $1.33 billion in 2019, compared to $1.27 billion the previous year. The state-owned company said its revenue for the year rose 36.1 percent to $7.67 billion, with important contributions from the latest acquisitions. They included P&O Ferries in the United Kingdom, Topaz Energy & Marine in the United Arab Emirates, and two terminals in Chile -- Puerto Central and Puerto Lirquen -- as well as the full year impact from Continental Warehousing Corp. in India, Cosmos Agencia Maritima in Peru, and the Unifeeder Group in Denmark. However, the company warned of the fallout of the coronavirus on the business. "The near-term outlook remains a cause for concern with global trade disputes, Covid-19 outbreak and regional geopolitics, causing disruption to trade," said DP World chairman and CEO Sultan Ahmed bin Sulayem. DP World capital expenditure for the year, stood at $1.1 billion -- short of the planned $1.4 billion. It said it plans to invest up to $1.4 billion this year. dm/oh/kir
schema:headline	Dubai's DP World posts rise in 2019 profit
schema:mentions	Logistics Capital expenditure Sultan 2019–20 coronavirus outbreak United Arab Emirates Denmark Dubai Peru Chile Chief executive officer India United Kingdom Coronavirus Topaz Energy P&O Ferries Ahmed Sultan Bin Sulayem Cosmos DP World Geopolitics Kir (cocktail) Microsoft Outlook
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-11 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	54 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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