CK Hutchison first-half underlying profit up 6.7%

HONG KONG, Aug 13 - Hong Kong's conglomerate CK Hutchison reported a 6.7 percent increase in underlying profit for the first half of 2026, according to wire reports. The group attributed the growth to robust performance in its ports and retail sectors. CK's underlying profit reached HK$12.6 billion, up from HK$11.8 billion in the corresponding period of the previous year, on a post-IFRS 16 basis.

This figure encompasses one-time items like gains from the sale of UK Rails and UK Power Networks amounting to HK$17.8 billion, as well as a HK$2.2 billion write-off. Net profit surged 30-fold from a year ago to HK$26.8 billion.