HPH Trust's Q4 DPU drops 33 per cent on weaker revenue, associated firms' losses

Singapore

WEAKER revenue and losses from associated companies were a drag on earnings at Hutchison Port Holdings Trust (HPH Trust) during the fourth quarter.

The manager of the container port business trust on Monday announced an attributable net profit of HK$237.8 million (S$40.1 million) for the three months to Dec 31 last year - down 38.4 per cent from HK$385.8 million in the same period a year earlier.