APM Terminals Bahrain Financial highlights for 2022 H1

H1, 2022 Profit 22% up despite Revenue being in line with H1, 2021

• 2022 H1 revenue is in line with same period last year. Container revenue increased by 6%, Marine revenue grew by 4%, while General cargo revenue reduced by 12%. compared with same period Last Year.

• Operating profit increased by 22%  vs. Last Year mainly driven by provision reversal and a one-off insurance claim, slightly compensated by higher subcontractor & equipment handling cost due to higher aluminum operations and higher spend on asset maintenance projects