CK Hutchison Seeks More Deals Amid Global Risks, Profit Drop [Financial Post (Toronto, Ontario, Canada)]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
NASDAQ:AMEX Investor Relations:
ckh.com.hk/en/ir
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Source: Financial Post
the Hong Kong conglomerate reported slumping profit for the first half of the year. Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — CK Hutchison Holdings Ltd. has vowed to explore more deals with long-term value to navigate increasing geopolitical and financial market risks, as the Hong Kong conglomerate reported slumping profit for the first half of the year. The group, founded by billionaire Li Ka-shing, saw net income in the first half this year fall 9% to HK$10.2 billion ($1.3 billion), it said in a filing Thursday. Total revenue rose 4% to HK$232.6 billion during this period. Now led by Li's son Victor Li, CK Hutchison announced an interim dividend of HK$0.688 per share, c
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