CK Hutch and CK Asset reported a rise in profits during the first half of the year. CK Hutch posted a 41% YoY rise in net profits to HK$18bn ($2.3bn) helped by recoveries in ports and retail revenues, up 24% and in energy following its merger with Cenovus Energy. CK...
CK Hutchinson announced their 2020 results, reporting a 27% slump in net profits to HKD 29.1bn ($3.8bn) while revenues fell 8% to HKD 403.8bn ($52bn). CK Hutch booked impairment charges of HKD 18.7bn ($2.4bn) and operating losses from minority-owned Husky as overall...
