DP World shares dipped 1.17% to close at $0.592 on insignificant trading volumes. Interior designer Depa Ltd. rose 1.47%, ending at $0.69. Earlier in the day, Depa updated investors on its business development in the third quarter, saying the Company continues performs well, and trading during the third quarter was in line with previous guidance. “Whilst year end revenue and profit expectations will be lower than 2009 (excluding the impact of the Burj Khalifa claim), the improving backlog, which now stands at Dhs2.4bn, suggests the Company will be well positioned for circa 20% growth in 2011 and 2012”, the statement says.
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