CK Hutchison (0001) said its underlying profit jumped 11 percent to HK$11.3 billion in the first half of 2025. The company raised its interim dividend by 3 percent to 71 HK cents.
This was primarily attributed to strong growth in the company's ports division, improvements in its retail division, higher contribution from the infrastructure division, and favorable performance from telecommunications business, including treasury operations, as well as the gain on the partial disposal of a non-core asset by Hutchmed (0013), the Hong Kong–based conglomerate said in a filing on Thursday.
Underlying earnings before interest, taxes, depreciation, and amortization also increased by 7 percent to HK$55.9 billion.
Net profit, however, plunged by 92 percent to HK$852 million, mainly due to a one-time non-cash loss and related impacts of HK$10.9 billion from the merger of its UK telecommunications business with Vodafone UK in May.
Overall revenue for the period rose by 3.4 percent to HK$240.7 billion.
STAFF REPORTER
