Hutchison Port Holdings Trust (HPHT) – reports net profit of HK$1004.4mn for the six month to June 30, 2011…..beating prospectus forecasts by 10%
By Kevin Scully-Financial Blog • August 4, 2011
Hutchison Port Holdings Trust (HPHT) - reports net profit of HK$1004.4mn for the six month to June 30, 2011.....beating prospectus forecasts by 10%Thursday, 4 August, 20119:50 AM
Posted by Kevin ScullyHPHT has released its six month results for the period to 30 June 2011. The numbers are in the table below.
Hutchison Port Holdings Trust
Six months to June 30
2011
HK$mn
Revenue
3399.9
Operating profit
1233.0
Pretax
1140.8
Net attributable
1004.4
Unit holders of Trust
653.7
Non controlling interest
350.7
Earnings per unit (HK cents)
7.5
Distribution per unit (HK cents)
14.3
NAV per unit (HK$)
7.8
Investors should also review HPH Trust Presentation slides.Key points to note in the results are:a) revenue was 3% lower than forecasts at HK$3.4bn. ......