Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Hutchison Ports sees profit rise

Hong Kong: Hutchison Port Holdings has declared a 12% increase in profit at its ports due to a strong rise in cargo volumes, Bloomberg reports. The subsidiary of the Hutchison Whampoa group declared pre tax earnings of HK$11.4 bn ($1.5bn) for 2006, as compared to HK$10.2 the previous year. The terminal operator handled an impressive 59.3m containers last year, 15% more than in 2005, particularly bolstered by increased Chinese exports from Shanghai and Yantian. Hutchison Port operates 257 berths in 45 ports in 23 countries.  [23/03/07]

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish