Hong Kong conglomerate CK Hutchison’s ports and terminal operations showed a 19% drop in pre-tax profit to HK$3.45 billion (US$445.68 million) in H1 2020, as the Covid-19 pandemic saw throughput in its terminals worldwide decline 8% to 38.7 million TEU.
CK Hutchison operates terminals in China, Hong Kong, Australia, Asia and Europe. These include those that are in the portfolio of the Singapore-listed Hutchison Port Holdings Trust.
In a filing to the Hong Kong Stock Exchange, CK Hutchison...
https://container-news.com/covid-19-has-severe-impact-on-ck-hutchisons-h1-earnings/