CK Hutchison first-half underlying profit up 6.7%

Hong Kong's CK Hutchison Group reported a 6.7% increase in underlying profit for the first half of 2026, according to a report released on Thursday. The company's underlying profit stood at HK$12.6 billion, up from HK$11.8 billion in the same period last year. This rise is attributed to strong performance in the group's ports and retail businesses.

The net profit also saw a significant jump, more than tripling to HK$26.8 billion, thanks to one-time items such as gains from the sale of UK Rails and UK Power Networks, as well as a write-off of HK$2.2 billion.