DP World, a subsidiary of crisis ridden Dubai World, is expected to meet market expectations in terms of profits despite having probability of declined container volumes. The company is expected to report a net profit of $323.3 million in 2009 with a fall of 39 per cent against previous year's profit, according to the projections of MAC Capital Advisors.

Container volume for the year 2009 declined 8 per cent to stand at 25.6 million twenty foot equivalent units (TEUs) with America and Australia remained adversely impacted for the year due to decline in shipping activities on accounts of global financial crisis.

DP World Chief Executive, Mohammad Sharaf added, "As anticipated, all our regions handled more containers in the second half of 2009 than in the first half and the early signs of stability seen in the third quarter have continued into the final quarter of the year."

Crisis-hit Dubai World holds majority shares in port operator DP World and its ongoing restructuring plans would have significant impact over DP's profit in the current year.

Shares of DP World declined 1.9 per cent to close at $0.52 on the Nasdaq Dubai.