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Hutchison Port Holdings Trust expects to "grow" over the coming five years

The Edge Singapore
The Edge Singapore • 3 min read
Hutchison Port Holdings Trust expects to "grow" over the coming five years
HPHT will strive to maintain sustainable distributions to unitholders
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Hutchison Port Holdings Trust expects to continue growing its business in the near to medium term, thanks to the combination of rising ecommerce export volumes from China and Hong Kong, and also growing volume of import cargoes.

Regulatory approval allowing its terminals to eke out better efficiency by working with other Hong Kong port terminal operators will help as well. “All of the above will allow HPHT to continue to grow its business in the next five years,” says the trust’s manager in response to unit holders’ questions sent ahead its AGM on April 19.

HPHT says it has been exploring ways to improve operating profit, which should be reflected in ROI and eventually in distribution per unit.

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