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CK Hutchison First-Half Underlying Profit Up 6.7%

HONG KONG, Aug 13 (Reuters) - Hong Kong ports-to-telecoms group CK ​Hutchison posted a 6.7% ‌rise in underlying profit in the first six months ​of 2026 on ​Thursday, thanks to solid performance ⁠in its ports ​and retail businesses.

CK reported ​underlying profit of HK$12.6 billion ($1.61 billion) on a post-IFRS 16 ​basis, compared with HK$11.8 ​billion a year earlier.

Including one-time ‌items ⁠such as gains on the disposal of UK Rails and UK Power ​Networks totalling ​HK$17.8 ⁠billion as well as a write-off ​of HK$2.2 billion, ​net ⁠profit jumped 30 times from a year earlier ⁠to ​HK$26.8 billion.

($1 = 7.8459 ​Hong Kong dollars)

Reporting by Clare ​Jim; Editing by Emelia Sithole-Matarise

Source: Reuters


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