CK Hutchison Holdings (HK:0001) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
CK Hutchison Holdings reports a decrease in profit attributable to shareholders by 9% to HK$10,205 million for the first half of 2024 compared to the same period last year, with earnings per share dropping to HK$2.66. Despite economic stabilization, the company faced challenges from geopolitical issues, market volatility, and escalated costs, but maintained a strong financial profile and increased EBITDA and EBIT by 5%. The interim dividend per share also saw a decline to HK$0.688.
For further insights into HK:0001 stock, check out TipRanks’ Stock Analysis page.