It's tough for DPW Australia

News-in-print

DP World Australia, 75% owned by investors represented by Citi Infrastructure, made a loss of A$32M in 2012 according to accounts filed with the Australian Securities and Investment Corporation. The result – a significant improvement over calendar 2011’s A$74M loss – came largely thanks to a oneoff gain of almost A$47M from the enforced sale of a controlling stake in the Adelaide container terminal to Flinders Ports (WorldCargo News, July 2012, p7).

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