Victor Li is the chairman of CK Hutchison Holdings and CK Asset, the two flagship companies of the business empire his father, Li Ka-shing, built. CKI is 75.7 per cent owned by CK Hutchison Holdings. Its net profit for 2018 amounts to HK$10.44 billion. Photo: Edmond So

Victor Li reports weaker than expected profit in first annual result since taking over CKI from Li Ka-shing

  • Net profit for last year increased by 1.8 per cent over 2017, but is 7 per cent less than analysts’ forecast
  • Higher net profit from continental Europe and Canada offset by lower profit from stake in Power Assets
Topic |   Victor Li

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Victor Li is the chairman of CK Hutchison Holdings and CK Asset, the two flagship companies of the business empire his father, Li Ka-shing, built. CKI is 75.7 per cent owned by CK Hutchison Holdings. Its net profit for 2018 amounts to HK$10.44 billion. Photo: Edmond So
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Eric Ng

Eric Ng

Eric joined the SCMP in 1998 after brief stints in a trading company and translation and editing roles at Dow Jones and Edinburgh Financial Publishing. He has close to 20 years of experience covering China's energy, mining and industrial materials sectors, and has recently added biotechnology to his coverage. Eric has a Masters of Business Administration degree.