HPH Trust posts 8.5% rise in earnings for Q2

Singapore

HUTCHISON Port Holdings Trust (HPH Trust) reported an 8.5 per cent year-on-year rise in net profit to HK$399.9 million (S$70.4 million) for the second quarter ended June 30.

The bottom line was boosted by higher revenue and lower operating costs.

Revenue and other income climbed 2.1 per cent to HK$3.13 billion, while earnings per unit clocked 4.…