DUBAI, (Reuters) - Port operator DP World's DPW.DIfirst-half profit from continuing operations after tax fell 34percent to $188 million, the company said on Thursday, amid adecline in container volumes. "The first six months of 2009 have continued to present avery challenging operating environment across the portfolio,"the Dubai-based firm said in a filing on the Nasdaq Dubai. DP World said it had 2008 first half profit of $287 million. The company repeated its outlook that it expected its fullyear results to meet expectations, but said trends in globaltrade continued to be unpredicatable in the second half of theyear. DP World, one of the world's largest container portoperators, said last month it expected to meet 2008 expectationsas emerging market business mitigates a global economicdownturn. Revenues stood at $1.384 billion in the first half of theyear, from $1.598 billion dollars in the same period in 2008.
Source: Reuters
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