Financial Commentary APM Terminals Bahrain 2019 Interim Financial Results

Strong revenue intake in both General cargo and Marine business uplifted profitability in Q2 2019 vs. Q2 of 2018.

APM Terminals Bahrain reported an increase in Net Profit of 4.5% for the 2nd Quarter of 2019 vs. second quarter of 2018.

It is mainly driven by higher revenue in both General cargo (+16.8%) and Marine business (+21.1%), partly offset by lower container volume (-7.3%) due to the drop in local demand, increased KPI penalty, and higher repairment cost reflecting the aged equipment/facilities.