CK Hutch Reports ~30% Slump in 2020 Profits

CK Hutch Reports ~30% Slump in 2020 Profits

by | Mar 19, 2021 | China

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...
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