Independent journal on economy and transport policy
17:33 GMT+2
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In 2021 the terminals of Hutchison Ports and HPH Trust handled 88 million containers (+ 5%)
The business generated a growth of 29% percent of revenue
March 17, 2022
In 2021 the port terminals that head to Hong Kong's CK Hutchison Holdings Group handled a container traffic of 88.0 million teu, an increase of 5% percent on the previous year and a 2% percent rise on the pre-pandemic year of the 2019. CK Hutchison operates in this area through its own 80% stake in Hutchison Ports and that of 30.07% in HPH Trust. Last year the terminals in the Chinese ports that are part of the latter company's network handled 24.5 million teu (+ 3% percent on 2020), adding 13.9 million teu (+ 3%) handled by the other Chinese terminals that are part of the network of Hutchison Ports that also operates terminals in Europe as well as in other world regions including mainly in Asia and Australia. In 2021 the European terminals handled 16.9 million teu (+ 11%) and those in the other world regions 32.7 million teu (+ 4%).
Last year the port assets that led CK Hutchison generated revenues of 42.28 billion Hong Kong dollars (5.4 billion U.S. dollars), up 29% percent on 2020. The EBITDA amounted to 15.16 billion Hong Kong dollars (+ 39%) and EBIT to 10.74 billion (+ 60%).
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In 2021 the port terminals that head to Hong Kong's CK Hutchison Holdings Group handled a container traffic of 88.0 million teu, an increase of 5% percent on the previous year and a 2% percent rise on the pre-pandemic year of the 2019. CK Hutchison operates in this area through its own 80% stake in Hutchison Ports and that of 30.07% in HPH Trust. Last year the terminals in the Chinese ports that are part of the latter company's network handled 24.5 million teu (+ 3% percent on 2020), adding 13.9 million teu (+ 3%) handled by the other Chinese terminals that are part of the network of Hutchison Ports that also operates terminals in Europe as well as in other world regions including mainly in Asia and Australia. In 2021 the European terminals handled 16.9 million teu (+ 11%) and those in the other world regions 32.7 million teu (+ 4%). 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
