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Hutchison Port Holdings Trust (HCTPF)
OTHER OTC:HCTPF
US Market

Hutchison Port Holdings (HCTPF) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jul 28, 2026
After Close (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
Last Year’s EPS
<0.01
Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings

Earnings Call Summary

Q4 2025
Earnings Call Date:Feb 05, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call presented a balanced picture: operational and financial performance improved in 2025 (throughput +3%, Yantian +7%, revenue +3%, profits and profit attributable to unitholders up double-digits) and management has clear growth investments underway (East Port, intermodal/rail strategy, maintenance CapEx guidance). At the same time, distribution was reduced (DPU -4–5%) due to a new statutory reserve requirement at Yantian and there are meaningful near-term risks from upcoming refinancings, higher interest-rate environment, U.S. trade weakness, and geopolitical disruptions. Management expects 2026 DPU in the HKD 0.11–0.12 range and believes interest costs may have peaked in 2026–2027, but refinancing and macro risks leave uncertainty. Overall, positive operating momentum is offset by persistent distribution and financing headwinds, yielding a neutral stance.
Company Guidance
The management guided to a cautious-but-constructive 2026 outlook: after 2025 throughput of ~23.0m TEU (+3% YoY) with Yantian +7% and Kwai Tsing -6%, they expect baseline industry/container volume growth of low single digits (1–3%); underlying ASPs are expected to rise modestly (management cited low‑single‑digit tariff recoveries, noting some peers targeting double‑digit increases), and imports may recover in H2 2026 as new trade deals take effect. Financially, full‑year DPU for 2025 was HKD 0.115 (vs HKD 0.122 in 2024); management’s 2026 DPU guidance is HKD 0.11–0.12 with a target to maintain HKD 0.115, though distributable cash is reduced by a new PRC statutory reserve requirement (c. RMB/HK‑equivalent ~HKD200m retained, ~HKD0.02–0.025 impact on DPU, to continue until reserves reach 50% of registered capital over ~10 years). Key balance‑sheet and cash items: 2025 revenue HKD11.9bn (+3%), CapEx $445m (+20%) with maintenance CapEx guidance ~$500m p.a., consolidated debt ~ $24bn (‑4% YoY) and net attributable debt ~ $17.9bn (‑6%); deleveraging continues with a planned $1bn repayment in 2026; ~52% of debt is fixed, remaining floating is HIBOR‑linked, and two refinancings in 2026 (following prior refinancing that pushed average borrowing from ~2% to ~4–5%) mean management expects interest costs to peak in 2026–27 before easing if Fed cuts materialize. Operationally, Yantian East expansion remains on track for trial operation in Q1 2027 (three berths ≈ +3m TEU, raising nominal Yantian capacity to ~20m TEU from c.16m), and transshipment share has risen to ~20–25%, all of which factor into their volume, ASP and DPU planning.
Throughput Growth
Total throughput reached 23 million TEU, up ~3% year-on-year, driven by Yantian which grew ~7% YoY.
Revenue and Profitability Improvement
Total revenue HKD 11.9 billion, +3% YoY. Operating profit grew ~8% to HKD 4.7 billion; profit before tax +12% to HKD 3.8 billion; profit after tax +13% to HKD 2.5 billion; profit attributable to unitholders HKD 748 million, +15% YoY.
Deleveraging and Net Debt Reduction
Consolidated debt declined ~4% YoY to around $24 billion; net attributable debt fell ~6% YoY to around $17.9 billion after $1 billion loan repayment.
Interest Cost Management
Despite refinancing at higher rates, overall interest cost recorded a ~6% saving in 2025 due to lower average HIBOR and deleveraging, partially offsetting refinancing moves.
CapEx and Maintenance Guidance
Total CapEx reported $445 million in 2025, up ~20% YoY. Maintenance CapEx guidance for 2026 remains around $500 million (ballpark).
Yantian East Expansion on Track
East Port expansion (3 additional berths ≈ +3 million TEU capacity) remains on schedule for trial operations beginning in 1Q 2027; first berth adds ~1 million TEU. All capital injection for the project completed—no further Trust capital commitments expected for the project.
Geographic & Trade Mix Opportunities
Europe trade increased ~14% YoY in 2025; management notes diversification beyond the U.S. (U.S. exposure weakening) and sees potential import upside if China signs/implements trade agreements, addressing current ~80:20 export-import imbalance.
ASP and Pricing Environment
Management sees scope for underlying tariff/ASP recovery (inflation/CPI-adjusted, low-single-digit) driven by market pricing actions, with ports generally seeking price increases.
Hong Kong Import/Export Stabilization
While overall Hong Kong throughput declined, local import-export volumes stabilized in 2025 versus sharper declines in prior years, limiting further downside from local trade.

Hutchison Port Holdings (HCTPF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

HCTPF Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jul 28, 2026
2026 (Q2)
- / -
0.003
Feb 05, 2026
2025 (Q4)
<0.01 / <0.01
<0.001185.71% (<+0.01)
Jul 22, 2025
2025 (Q2)
<0.01 / <0.01
0
Feb 07, 2025
2024 (Q4)
<0.01 / <0.01
0.02-65.00% (-0.01)
Jul 23, 2024
2024 (Q2)
0.00 / 0.00
0.001
Feb 07, 2024
2023 (Q4)
<0.01 / <0.01
0.0030.00% (0.00)
Jul 25, 2023
2023 (Q2)
<0.01 / <0.01
0.004-66.67% (>-0.01)
Feb 07, 2023
2022 (Q4)
0.01 / <0.01
0.0030.00% (0.00)
Jul 26, 2022
2022 (Q2)
<0.01 / <0.01
0.005-25.00% (>-0.01)
Feb 09, 2022
2021 (Q4)
0.02 / <0.01
0.001100.00% (<+0.01)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

HCTPF Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 05, 2026
$0.20$0.200.00%
Jul 22, 2025
$0.12$0.17+36.29%
Feb 07, 2025
$0.11$0.110.00%
Jul 23, 2024
$0.12$0.120.00%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Hutchison Port Holdings Trust (HCTPF) report earnings?
Hutchison Port Holdings Trust (HCTPF) is schdueled to report earning on Jul 28, 2026, After Close (Confirmed).
    What is Hutchison Port Holdings Trust (HCTPF) earnings time?
    Hutchison Port Holdings Trust (HCTPF) earnings time is at Jul 28, 2026, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is HCTPF EPS forecast?
          Currently, no data Available