HPH Trust swings into the black for Q4 with HK$533m profit

Singapore

HUTCHISON Port Holdings Trust (HPH Trust) on Tuesday posted a HK$533.3 million (S$97.8 million) profit attributable to unitholders for the fourth quarter ended Dec 31, 2015, a reversal from a loss of HK$18.61 billion for the corresponding period a year ago, due mainly to the absence of FY14's goodwill impairment impact.

Revenue and other income was HK$3.03 billion, down 4.9 per cent from HK$3.19 billion a year ago.

Earnings per unit (EPU) attributable to unitholders of HP…