MPL Annual Report 2024

In plain terms

Maldives Ports Limited’s annual report for the year to 31 December 2024, with consolidated financial statements. Group revenue rose 8.5% to MVR 860.6 million, operating profit fell to MVR 20.0 million from MVR 80.7 million, and profit for the year was MVR 27.8 million against MVR 49.5 million. Total assets reached MVR 2.25 billion as the company spent MVR 237.5 million on capital work in progress, chiefly the Thilafushi port land. The report sets out the strategic pillars, the ESG programme, the board and management, and the Thilafushi port relocation.

Type

Annual report

Issued by

Maldives Ports Limited

Reference

Annual Report 2024

Data cut-off

31 Dec 2024

Release status

final