CK Hutchison Holdings ( (HK:0001) ) has issued an announcement.
CK Hutchison Holdings reported a 27% decrease in reported profit attributable to ordinary shareholders for the year ended 31 December 2024, primarily due to a one-time non-cash impairment in its Vietnam telecommunications business. Despite stable underlying operations and a slight increase in EBITDA in local currencies, the company faced challenges from higher depreciation, increased tax charges, and a strong US dollar, impacting overall financial performance. The Board recommended a final dividend of HK$1.514 per share, reflecting a decrease from the previous year.
More about CK Hutchison Holdings
CK Hutchison Holdings is a multinational conglomerate operating in various industries, including ports, retail, infrastructure, and telecommunications. The company is known for its diverse portfolio and global market presence, with significant operations in Europe, Asia, and North America.
YTD Price Performance: 11.76%
Average Trading Volume: 12,915
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $22.3B
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