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HPH Q4 profit dips amid US policy uncertainty

Published Fri, Feb 10, 2017 · 09:50 PM

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Singapore

HUTCHISON Port Holdings (HPH) Trust on Friday flagged "high level of uncertainty" on the policy stance of the US administration, even as outbound cargoes to the US escalated in the fourth quarter of 2016.

The cautious outlook on global trade from the port operator came as it reported lower distribution per unit (DPU) at 16.6 Hong Kong cents for the period, down 11 per cent from a DPU of 18.7 Hong Kong cents a year ago.

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