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26 February 2018 The on-line newspaper devoted to the world of transports 04:30 GMT+1

October 30, 2017

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Original news
Prosegue the opposite trend of traffic and economic results of Chinese terminalista HPH
In the period July-september is enlivened 6,8 million container (+14.3%)

has emphasized the rise of the containerized trade enlivened from the harbour terminals managed from Hutchison Port Holdings Trust (HPH Trust) of Hong Kong who is in existence consecutively from three trimesters. In the period July-september of the 2017 traffic has turned out pairs to 6,8 million teu, with a progression of +14.3% on the same period last year. The traffic enlivened from the single terminals of the group in the port of Hong Kong (Hongkong International Terminals, Asia Container Terminals and COSCO-HIT Terminals) is piled to 3,0milioni of teu (+12.8%) and the traffic enlivened in the port of Yantian from the branch Yantian International Terminals Container has been attested 3,8 million teu (to +15.5%).

In the first nine months of this year the volume of total traffic has been pairs to 18,1 million teu, in increase of +8.3% on the period January-september of 2016. In the single port of Hong Kong +6.6%) and in the port of Yantian 9,6 million teu (+9.7% are enlivened 8,5 million teu ().

In the first nine months of the 2017 HPH Trust has recorded revenues pairs to 8,69 billion dollars of Hong Kong (USA 1,1 billion dollars), with a bending of the -2,9% on the correspondent period of 2016. The operating profit has been of 2,82 billion dollars of Hong Kong (- 13.3%) and the profit after the taxes of 1,62 billion dollars of Hong Kong (- 27.7%).

the economic performances achieved by HPH have turned out inferior to the results of the correspondent period last year also Trust in the third trimester of this year, period in which the revenues are piled to 3,22 billion dollars of Hong Kong (- 1.3%), the operating profit has been pairs to 1,15 billion dollars of Hong Kong (- 0.5%) and the profit after the taxes to 678 million dollars of Hong Kong (- 16.4%).

the Chinese company has specified that the medium revenue for container teu has turned out inferior to that last year to root cause of tariff reductions granted to some companies of navigation and the review of some tariff plans consequent to the operations of taken part fusion and acquisition between some marine companies.

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