APM Terminals Bahrain Financial highlights for 2021 FY

Strong track record of Revenue & Profitability continues in 2021

• APM Terminals Bahrain continues to deliver solid revenue streams and Profit in 2021 despite Global challenges in shipping and logistics sector.
• Last year (2020) was phenomenal for the company’s results primarily due to upsides which accrued due to causeway closure. 
• 2021 has seen steady progress on multiple initiatives to grow the business and offer new products/ services to our customers.
• While revenue was lower in both container and general cargo, marine revenue increased by 25% YoY due to higher private jetty calls.

• Profit for the year remains at a healthy level of BHD 8 mn. The royalty rates saw an increase of 29% in 2021 under the concession agreement. The impact was partly offset by significant cost savings & optimization initiatives across the organization.