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Hutchison Port Holdings Trust reports 86.8% lower earnings of HK$94.9 mil; to pay DPU of 5.50 HK cents for 1HFY2023

Felicia Tan
Felicia Tan • 4 min read
Hutchison Port Holdings Trust reports 86.8% lower earnings of HK$94.9 mil; to pay DPU of 5.50 HK cents for 1HFY2023
Earnings per unit attributable to unitholders stood at 1.09 HK cents, down 86.8% y-o-y. Photo: HPHT
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Hutchison Port Holdings Trust (HPHT) has reported earnings of HK$94.9 million ($16.2 million) for the 1HFY2023 ended June 30, 86.8% lower than earnings of HK$716.3 million in the corresponding period the year before.

Earnings per unit attributable to unitholders stood at 1.09 HK cents, down 86.8% y-o-y.

Revenue and other income fell by 19.9% y-o-y to HK$5.18 billion as combined container throughput of HIT, COSCO-HIT and ACT (collectively known as HPHT Kwai Tsing) fell by 18.2% y-o-y mainly due to lower local and transshipment cargoes.

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