AD Ports Group Q2 profit surges on boost from trade through Hormuz alternatives
Abu Dhabi's AD Ports Group reported an 86 per cent annual rise in its second quarter net profit as the company managed to diversify its trade routes away from the Strait of Hormuz that remains chocked amid the Iran war. Net profit attributable to the owners of the company for the three-month period reached Dh596.7 million ($162.4 million), AD Ports said on Friday in a statement to the Abu Dhabi…
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- AD Ports Group Q2 profit surges on boost from trade through Hormuz alternatives thenationalnews.com
