Hutchison Port Holdings Trust’s net profit rose sharply in 2021, supported by higher volumes and effective cost controls.
The container port business trust said Wednesday that net profit rose to 1.75 billion Hong Kong dollars (US$224.5 million), more than doubling from HK$831.4 million in 2020.
Revenue rose 24% to HK$13.24 billion.
Earnings per unit also rose to 20.06 Hong Kong cents, from 9.54 Hong Kong cents in 2020.
Source: Dow Jones