S
PHERE
2
H U T C H I S O N U P D A T E S
HWL Half-Year Results
C O R P O R A T E
News
Hutchison Whampoa Limited’s
unaudited profit attributable to
shareholders for the half year ended June 30, 2002 amounted to
HK$5,951 million (approximately US$763 million) compared to
HK$7,179 million in the same period last year. Earnings per share
were HK$1.40 compared to HK$1.68 in the same period last year.
The interim dividend was HK$0.51 per share, unchanged from the first
six months of last year.
Total turnover increased 7% to HK$46,593 million.
Total EBIT was HK$9,834 million, 12% below last year’s comparable
period. All of the Group’s core businesses reported EBIT ahead of the
same period last year except for
Husky Energy
and the Finance &
Investments division. Ports & Related Services,Telecommunications,
Retail & Manufacturing and Cheung Kong Infrastructure divisions all
reported EBIT growth of 10% or more while the Property & Hotels
division was in line with the previous year’s comparable period.
The results include profits totalling HK$1,524 million (2001 –
HK$1,900 million) comprised of HK$1,129 million profit from sales to
strategic partners of equity interests, ranging from 1% to 3%, in certain
ports and the write-back of a provision of HK$395 million previously
made for
Hutchison Harbour Ring
, which has been trading at a
premium to the Group’s book cost.
Consolidated cash and liquid assets totalled HK$121,482 million
compared to total borrowings of HK$155,982 million, a debt to capital
ratio of approximately 12%.
Full results at
www.hutchison-whampoa.com/eng/investor3.htm
Turnover
(
HK$ millions)
Change
EBIT
(
HK$ millions)
Change
22%
10%
0%
13%
10%
(29%)
(53%)
(12%)
36%
23%
(11%)
12%
(2%)
(16%)
(34%)
7%
TURNOVER AND EBIT BREAKDOWN BY DIVISION FOR INTERIM 2002
3,164
678
981
308
2,171
938
1,594
9,834
9,375
6,398
2,377
16,364
4,935
5,304
1,840
46,593
Ports & Related Services
Telecommunications
Property & Hotels
Retail & Manufacturing
CKI division
Husky Energy
Finance & Investments
TOTAL
Turnover
(
HK$)
Profit attributable
to shareholders
Earnings
per share
1,875m
1,901m
Interim 2002
Interim 2001
1,491m
1,509m
0.66
0.67
Turnover
(
HK$)
Turnover
(
HK$)
Turnover
(
HK$)
EBITDA
Operating
profit
679.2m
222.2m
Interim 2002
Interim 2001
49.6m
(12.1m)
(72.6m)
(119.4m)
Turnover
(A$)
114.2m
213.6m
Interim 2002
Interim 2001
(10.7
cents
)
(13.4
cents
)
Turnover
(New Israeli Shekels)
EBITDA
Operating
income
Net
income
1,921.1m
1,501.0m
Interim 2002
Interim 2001
2.4m
(181.0m)
492.7m
261.3m
241.7m
0.4m
Turnover
(C$)
EBIT
Basic earnings
per share
Dividend paid
per share
3,018m
3,511m
Interim 2002
Interim 2001
0.18
0.18
841m
586m
0.93
1.15
HUSKY ENERGY
HUTCHISON TELECOMMUNICATIONS (AUSTRALIA)
TOM.COM
PARTNER COMMUNICATIONS
Basic earnings
per share
Profit attributable
to shareholders
(72.7m)
(91.1m)
Profit attributable
to shareholders
Earnings
per share
Dividend
per share
0.58
0.56
2,418m
2,463m
Profit attributable
to shareholders
Basic earnings
per share
23,3m
(104.8m)
0.41
cents
(1.88
cents
)
HONGKONG ELECTRIC HOLDINGS
1.13
1.15
5,156m
4,909m
Interim 2002
Interim 2001
HUTCHISON HARBOUR RING
660.3m
21.5m
Interim 2002
Interim 2001
CHEUNG KONG INFRASTRUCTURE
Hutchison Whampoa Limited
(HWL) is the holding company of
the Hutchison Whampoa Group of
companies. With origins dating back to
the 1800s, it is a Hong Kong-based,
multinational corporation with a
diversified portfolio. In 2001, HWL’s
consolidated turnover (including associates)
was HK$89,038 million and net profit was
HK$12,088 million.
With over 150,000 employees worldwide,
the Group operates and invests in five core
businesses in 41 countries: Ports & related
services; Telecommunications; Property &
hotels; Retail & manufacturing; and
Energy & infrastructure.
Dividend
per share
0.215
0.21
Dividend
per share
-
-
Profit attributable
to shareholders
(124.5m)
(148.3m)
Dividend
per share
-
-
OnTop
In its
World Investments Report 2002
, the
United Nations Conference on Trade
and Development
(UNCTAD) has
ranked
Hutchison Whampoa Limited
at the top of the list of 100 largest
transnational corporations (TNCs) from
developing countries / economies
worldwide.
HUTCHISONWHAMPOA LIMITED
1,2,3 5,6,7,8,9,10,11,12,13,14,...34