CK Hutchison first-half underlying profit up 6.7%
FILE PHOTO: The company logo of CK Hutchison Holdings is displayed at a news conference in Hong Kong, China March 17, 2016. REUTERS/Bobby Yip/File Photo
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
HONG KONG, Aug 13 : Hong Kong ports-to-telecoms group CK Hutchison posted a 6.7 per cent rise in underlying profit in the first six months of 2026 on Thursday, thanks to solid performance in its ports and retail businesses.
CK reported underlying profit of HK$12.6 billion ($1.61 billion) on a post-IFRS 16 basis, compared with HK$11.8 billion a year earlier.
Including one-time items such as gains on the disposal of UK Rails and UK Power Networks totalling HK$17.8 billion as well as a write-off of HK$2.2 billion, net profit jumped 30 times from a year earlier to HK$26.8 billion.
($1 = 7.8459 Hong Kong dollars)
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
About The Author
