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HPH Trust expects muted impact on cargo volumes even if trade war materialises: CEO

Q1 results largely as expected with profit down 12.9% and revenue up 3.5%

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CEO Gerry Yim said the items targeted by the US were mostly in the heavy industry and high-tech categories, which HPH Trust's ports tended not to handle.

Singapore

HUTCHISON Port Holdings (HPH) Trust estimates that its cargo volumes would be hit by less than 2 per cent a year, should potential tariffs announced by the US on China exports materialise.

In a media briefing before its results release on Friday, CEO Gerry Yim said the

sentifi.com

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