Articles tagged with: Thomson and Hutchison Whampoa

Hutchison Whampoa Full-Year Profits Down 43% on One-Off Items

Hong Kong based conglomerate, Hutchison Whampoa has reported a 43 percent slump in 2008 to HK$17.7 billion (US$2.3 billion) - from HK$30.6 billion (US$3.9 billion). The results were however higher than the average forecasts of HK$15.5 billion, according to analysts polled by thomson Reuters. The reduction in income was due to the removal of a one-off exceptional profit from a year earlier. Revenues grew by 13 percent to HK$348 billion (US$44.9 billion) for the full year.  more

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Hong Kong Hutchison '05 Net Seen Up On One-Offs,Accounting Rule"

HONG KONG -(Dow Jones)- Hong Kong conglomerate Hutchison Whampoa Ltd. is expected to post a solid growth in its 2005 net profit on one-off gains and stronger contributions from its ports and energy operations, though its third-generation mobile business is still unprofitable.  more

Related Tags: li-ka-shing, orascom-telecom, 3-italia, goldman-sachs