Jebel Ali Port in Dubai DP World
Ports & Terminals

DP World profit drops 5.6 per cent in H1 2026 despite higher revenue

Jens Karsten

DP World reported revenue of US$12.7 billion for the first half of 2026, up 13.1 per cent year-on-year.

The company said the strength of its global network helped it navigate significant disruption to trade flows in the Middle East.

Adjusted gross operating profit in H1 2026 peaked at US$2.863 billion, a 5.6 per cent decrease from US$3.033 billion in the same period last year.

DP World said growth across its logistics, marine services, and international ports and terminals portfolio helped offset lower activity at Jebel Ali. Excluding Jebel Ali, container volumes increased 6.5 per cent on a like-for-like basis, with growth across Africa, Asia Pacific, Europe and the Americas.

DP World said Jebel Ali remains fully operational with no physical damage, although the regional conflict has temporarily reduced vessel traffic. The company has therefore implemented mitigation measures across its regional network, including expanded inland connectivity, to support the continued movement of critical cargo.

"DP World delivered a strong revenue performance and resilient [gross operating profit] in the first half of 2026, despite significant disruption to trade flows across the Middle East," said DP World Group Chairman Essa Kazim. "Revenue increased 13.1 per cent to US$12.7 billion, reflecting the strength and diversity of our global portfolio, the benefits of our integrated business model, and our ability to help cargo owners keep goods moving across international markets."

"We continue to maintain a disciplined focus on capital allocation, cost management and operational efficiency," added DP World Group CEO Yuvraj Narayan. "Combined with a strong balance sheet and liquidity position, this provides the flexibility to navigate uncertainty and continue creating long-term value for all our stakeholders."

DP World said that despite continued near-term uncertainty, it remains positive about the medium- to long-term outlook for global trade, supported by its diversified global network and growing integrated logistics business.