CK Hutchison first-half underlying profit up 6.7%
CK Hutchison first-half underlying profit up 6.7% HONG KONG, Aug 13 (Reuters) - Hong Kong ports-to-telecoms group CK Hutchison 0001.HK posted a 6.7% rise in underlying profit in the first six months of 2026 on Thursday, thanks to solid performance in its ports and retail businesses.
CK reported underlying profit of HK$12.6 billion ($1.61 billion) on a post-IFRS 16 basis, compared with HK$11.8 billion a year earlier.
Including one-time items such as gains on the disposal of UK Rails and UK Power Networks totalling HK$17.8 billion as well as a write-off of HK$2.2 billion, net profit jumped 30 times from a year earlier to HK$26.8 billion.
($1 = 7.8459 Hong Kong dollars)
(Reporting by Clare Jim; Editing by Emelia Sithole-Matarise)
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