Financial highlights for 2021 Year to date (YTD) Sept

Strong track record of Revenue & Profitability continues in 2021

• APMT Bahrain continues to deliver solid revenue streams and Profit in 2021 despite Global challenges in shipping and logistics sector.
• Last year (2020) was a good year for the company’s results primarily due to upsides which accrued due to causeway closure. 
• While revenue was lower in both container and general cargo, marine revenue increased by 24% YoY due to higher private jetty calls.
  
  
• YTD Profit for the period remains at a healthy level of BHD 6.2 mn. The royalty rates saw an increase of 30% in 2021 under the concession agreement. The impact was partly offset by significant cost savings & optimization initiatives across the organization.