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HPH Trust's Q3 profit falls 18.2%

It cites weaker intra-Asia trade, Brexit and shipping industry's structural changes as contributory factors

Published Mon, Oct 24, 2016 · 09:50 PM
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Singapore

WEAKER intra-Asia trade, dampened consumer sentiment from Brexit and structural changes in the shipping industry eroded third-quarter earnings at Hutchison Port Holdings Trust (HPH Trust) .

Net profit dropped 18.2 per cent to HK$430.2 million from the previous year, the group said in a Singapore Exchange filing on Monday.

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