HIT refers to Terminals 4, 6, 7 and two berths in Terminal 9 at Kwai Tsing in Hong Kong while COSCO-HIT refers to Terminal 8 East at Kwai Tsing. ACT refers to Terminal 8 West, also at Kwai Tsing. YICT comprises Yantian International Container Terminals Phases I & II, Phase III & Phase III Expansion, and Shenzhen Yantian West Port Terminals Phases I & II.
Hutchison Port Holdings Trust has reported a distribution per unit (DPU) of 5 HK cents (0.86 cents) for the 1HFY2024 ended June 30, lower than the DPU of 5.5 HK cents in the 1HFY2023.
Revenue and other income for the period increased by 2.6% y-o-y to HK$5.32 billion. Container throughput of Yantian International Container Terminals (YICT) increased by 11% y-o-y mainly due to the increase in the laden export, inbound empty and transshipment cargoes. This was offset by the lower container throughput of HIT, COSCO-HIT and ACT (collectively known as HPHT Kwai Tsing), which fell by 6.9% y-o-y mainly due to lower local and transshipment cargoes.
