China Merchants Port Holdings Co ( (CMHHF) ) has released its Q4 earnings. Here is a breakdown of the information China Merchants Port Holdings Co presented to its investors.
China Merchants Port Holdings Co, a leading port operator, has announced its 2024 financial results, showcasing significant growth in container throughput and profitability. The company reported a 6.0% increase in container throughput, reaching 145.75 million TEUs, and a 27.0% rise in profit attributable to equity holders, amounting to HK$7,919 million. Revenue grew by 3.1% to HK$11,842 million, driven by increased business volume. The company’s strategic focus on expanding its global network and enhancing operational efficiency has resulted in record-high performances at several of its ports, including those in Sri Lanka and Brazil. Looking ahead, China Merchants Port Holdings remains committed to maintaining strategic stability and pursuing high-quality development amid a complex global economic environment.