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11 August 2020 The on-line newspaper devoted to the world of transports 21:02 GMT+2

July 27, 2020

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HPH Trust reports half-yearly drop of -8.0% in traffic containers moved by its terminals

Revenues decreased by -11.9%

In the first half of 2020, container traffic Hong Kong and Yantian ports from HPH terminals Trust, the Singapore Stock Exchange-listed trust that is owned by the Hutchison Ports of the CK Hutchison Group of Hong Kong, was 10.3 million teu, down -8.0% in the first half of the year last year. Busy traffic in Hong Kong's only port Kong, where HPH Trust is present through companies Terminalists Hongkong International Terminals, Asia Container Terminals and COSCO-HIT Terminals, totaled 4.8 million teu (-2.9%), while traffic in the port of Yantian subsidiary Yantian International Container Terminals (YICT) is 5.5 million teu (-12.1%).

In the first six months of this year, HPH Trust reported Hong Kong(616 million U.S. dollars) US), down -11.9% in the first half of 2019. Operating profit amounted to USD 1.4 billion Hong Kong (-14.8%) net profit at 679 million (-17.2%).

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