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HPH Trust Q3 earnings sink

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NET profit for Hutchison Port Holdings Trust (HPH Trust) for its third quarter fell 18.2 per cent to HK$430.2 million (S$77.2 million) from the previous year, the group said in a Singapore Exchange filing on Monday evening.

NET profit for Hutchison Port Holdings Trust (HPH Trust) for its third quarter fell 18.2 per cent to HK$430.2 million (S$77.2 million) from the previous year, the group said in a Singapore Exchange filing on Monday evening.

For the three months ended Sept 30, revenue sank 6.8 per cent to HK$3.27 billion from the year-ago period.

Q3 earnings per unit slid to 4.94 HK cents from 6.04 HK cents in the preceding year. No distribution per unit was declared for the quarter.

HPH Trust shares ended at S$0.62 on Monday, S$0.01 or 1.6 per cent higher from the previous session.

sentifi.com

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