Dubai government-controlled port operator DP World said first-half net profit rose 10 percent on a recovery in container volumes, and second-half results should also be better, driven by seasonal trade flows.

Net profit after tax from continuing operations rose to US$206 million.

Chief executive Mohammed Sharaf said contribution from new terminals, in addition to ongoing improvement in non-container revenues and continued cost management, also boosted profit in the first half, reported Reuters.