DP World jacked up its profit in 2011 aided by the sale of assets in Australia.
Nasdaq Dubai-listed DP World tucked away $683m last year, smashing the $375m seen in 2010.
Even if a profit from the disposal of a slice of its Australian operations is discounted, its bottom line would have spiked by nearly one quarter to $459m.
Its Australia divestment also played a role in debt reduction as its borrowing was sliced to $3.6bn.
Mohammed
