Covid-19 hits HPH’s H1 performance

Hutchison Port Holdings Trust (HPH Trust) is expecting volumes to recover in H2 2020 as Chinese manufacturing is normalising after being hit hard by Covid-19 in Q1 2020.

The world’s first publicly traded container port business trust, comprising a portfolio of CK Hutchison Holdings’ terminal assets in China’s Pearl River Delta, announced on 27 July 2020 that net profit fell 17% year-on-year in H1 2020, to HK$679 million (US$87 million) as volumes at its terminals in Hong Kong and China...

https://container-news.com/covid-19-hits-hphs-h1-performance/

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