Earnings Alerts

CK Hutchison Holdings (1) Earnings: 1H Net Income Soars to HK$10.21B on Strong Telecom and Ports Revenue

  • CK Hutchison’s net income for the first half of 2024: HK$10.21 billion
  • Revenue from ports and related services: HK$21.59 billion
  • CK Hutchison Group Telecom revenue: HK$42.93 billion
  • Interim dividend per share: 68.8 HK cents
  • Earnings per share (EPS): HK$2.66
  • Analyst ratings: 5 buys, 2 holds, 0 sells

A look at CK Hutchison Holdings Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience3
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

CK Hutchison Holdings Limited, a conglomerate encompassing a diverse range of industries including ports, telecommunications, retail, energy, and more, has received positive scores across various key factors. With solid scores in Value, Dividend, and Momentum, the company appears to be positioned well for long-term growth and stability.

While scoring slightly lower in Growth and Resilience, CK Hutchison Holdings still maintains an overall optimistic outlook based on the Smartkarma Smart Scores. Investors may take confidence in the company’s strong value proposition, attractive dividend potential, and promising momentum trends, signaling a potentially bright future ahead for the conglomerate.

The company, CK Hutchison Holdings Limited, holds various non-property businesses from the Cheung Kong Group and the Hutchison Group. These businesses include ports, telecommunications, retail, infrastructure, energy, and movable assets leasing.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars