Independent journal on economy and transport policy
09:36 GMT+1
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In the first trimester of this year the HPH terminals Trust have enlivened 5,2 million container (- 8%)
The revenues are diminished of -6,7%
April 18, 2016
In the first trimester of the 2016 traffic of the container enlivened from the harbour terminals of the group Hutchison Port Holdings Trust (HPH Trust) it is diminished of the -8% being it are pairs to 5,2 million teu respect to beyond 5,6 million teu in the first three months last year.
The single terminals in the port of Hong Kong, that they are operated by the branches and participated to Hongkong International Terminals (HIT), Asia Container Terminals (ACT) and COSCO-HIT Terminals, have enlivened almost 2,6 million teu (- 13%). Being profitable you notice such data today, HPH Trust has specified that in the first trimester of this year an increase of the exports towards the USA and the European Union is recorded, while the decrease of the traffic recorded from HIT has resulted from the bending of the traffics intra-asiati us and the activity of transhipment.
The traffic enlivened in the port of Yantian from the branch Yantian International Container Terminals (YICT) has been pairs at less than 2,7 million teu (- 1%). HPH Trust has explained that such reduction is determined mainly by the reduction of the traffic of transhipment and handling of empty containers, that has been partially balanced from the increase of cargos enlivened with the United States and Europe.
HPH Trust clearly has archived item the first trimester of 2016 with a profit of 794,2 million dollars of Hong Kong (102 million dollars), with an increment of +46.9% regarding 540 million dollars of Hong Kong in the correspondent period last year. Such increase has been effect of the returns for 430,0 million dollars of Hong Kong yields relatively of a reimbursement to the amount of rents of areas poured during the last few years from the terminalista company for which HPH Trust has reached an agreement with the government of Hong Kong.
In the first trimester of this year the revenues are dropped of the -6,7% attesting itself to 2,75 billion dollars of Hong Kong, while the operating profit - thanks to the impact of such reimbursement - has recorded an increase of +40.0% having been piled to 1,15 billion dollars of Hong Kong.
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