Shares & Derivatives
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$1004.4mn for the six month to June 30, 2011.....beating prospectus forecasts by 10% Thursday, 4 August, 2011 9:50 AM Posted by Kevin Scully HPHT has released its six month results for the period to 30 June 2011.   The numbers are in the table below.
Hutchison Port Holdings Trust
Six months to June 30 2011
HK$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. ......
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By Kevin Scully-Financial Blog
Kevin began his working life in the regional and economics division of the Ministry of Foreign Affairs. He then moved to the private sector analyzing equities before venturing out to start NRA Capital. After 25 years of watching stocks and living through financial disarray during the Pan Electric Crisis, the 1987 Crash, the Barings debacle, the Gulf War, Asian financial crisis - what can sub-prime do but add another scar to already bruised wounds. Ever since starting his blog, Kevin has been enthusiastically giving his personal views on the market. He discusses about equities, the market turmoil, and the broad economy.
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