Signage for Hong Kong International Terminal (HIT), a unit of CK Hutchison, is displayed on gantry cranes at Container Terminal 9 at Kwai Tsing Container Terminal in Hong Kong, on January 22, 2019. Photo: Bloomberg

CK Hutchison and CK Asset post upbeat profit results during Victor Li’s debut year as chairman

  • The listed flagship companies of tycoon Li Ka-shing reported improving profit for the period ending December 31
  • CK Hutchison’s posted net profit of HK$39 billion (US$4.97 billion), a rise of 11 per cent on year, and exceeding the average forecast of analysts polled by Bloomberg
  • CK Asset Holdings reported net profit of HK$24.13 billion, up 18.8 per cent from 2017
Topic |   Victor Li

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Signage for Hong Kong International Terminal (HIT), a unit of CK Hutchison, is displayed on gantry cranes at Container Terminal 9 at Kwai Tsing Container Terminal in Hong Kong, on January 22, 2019. Photo: Bloomberg
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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.