Hutchison Port Holdings Trust (HPH Trust)

Analysts Maggie Wang and Paul Yong have lowered their earnings estimates and DPU forecasts for the port operator to 13 HK cents.

The Red Sea attacks could bring about a negative impact for HPHT in the 1QFY2024, says the trust.

This brings the global port operator’s total investment in Egypt to over US$1.5 billion.

Profit attributable to unitholders surged over three times to HK$768.3 million y-o-y in the 1HFY2021.

HPHT’s total distribution for FY2020 will be 12 HK cents, versus 11 HK cents paid for FY2019.

With market capitalisation of US$1.873 billion, major shareholders include Hutchison Ports (27.6%) and Temasek Holdings (14.0%).

SINGAPORE (May 20): Hutchison Port Holdings Trust (HPH Trust), which operates container terminals in Hong Kong and Shenzhen, is feeling the full-blown effect of the US-China trade war, with container volume handled down and revenue stagnant.

SINGAPORE (May 17): The board of Hutchison Port Holdings Trust (HPH Trust), led by chairman Canning Fok, had to face frustrated shareholders at its annual general meeting, which this year was held on the morning of April 26.

SINGAPORE (Jan 9): The trustee-manager of Hutchison Port Holdings Trust (HPH Trust) says its subsidiaries have entered into an alliance agreement with a couple of other operators to better manage their container terminals in Kwai Tsing, New Territories, H

SINGAPORE (Oct 26): The trustee-manager of Hutchison Port Holdings Trust (HPH Trust) reported 3Q18 earnings ended Sept of HK$239.5 million ($42.3 million), 11% lower than last year.