HPH Trust's Q4 net falls 46.9% to HK$334.8m

HUTCHISON Port Holdings (HPH) Trust yesterday reported a 46.9 per cent drop in fourth quarter 2013 net profit to HK$334.8 million (S$54.7 million), compared with HK$630.7 million for the corresponding period in the previous year.

Earnings per unit for the period declined to 3.84 HK cents, compared to 7.24 HK cents in the previous year.

Revenue and other income for the quarter were HK$3.12 billion and HK$25.8 million respectively.