Page 3 - Sphere No.31 (Jul 2012)
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i s s u e 3 1 J u l y 2 0 1 2
HUTCHISONWHampOa explains how the Group
entered its “fat cow” years, where all its major
operations are cashflow positive and the company
made an all-time high recurring profit, in 2011,
through a review of its operations.
We survey the ‘double digit’ growth of
Chinese airlines through the eyes of Hutchison’s
Chinese joint venture GamECO, who service
airlines from around the world, in its burgeoning
China operations. We hear of the use of the
latest, environmentally friendly and efficient
technologies used by Husky, an associated
Hutchison Whampoa company, to extract crude
oil, deep beneath Canada.
Through a heart warming review of the first
ever Global Volunteer month, we see how the team
at a SWatson Group brought more to life in the
communities in which it operates from philippines
to China and on to the United Kingdom. This
collective effort not only brings needed support,
care and love to the society, but helps to bring a
new dimension to the work to our employees.
Happy reading and we welcome your
feedback to
.
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Published by Hutchison Whampoa Limited, 22/F Hutchison House, 10 Harcourt Road, Central, Hong Kong. Available on
. In-house editorial team:
Laura Cheung, Jeremy Lau, Hans Leung, Irene Lau, Mavis Wong and Wendy Luk. Editorial:
Executive Counsel Limited. Design and production: Greg Crandall,
Chris Huen, Virginia Ho, Sun Leung, Scarlett Wong and Kelly Cheung –
Asia City Media Group. Tel: 2850 5500. Colour separation and printing by bigboXX.com Limited.
Copyright 2012 by Hutchison Whampoa Limited. All rights reserved. No part of this magazine may be reproduced without the written permission of Hutchison Whampoa Limited.
Opinions expressed herein are those of the writers and do not necessarily reflect the opinion of Hutchison Whampoa Limited. All currency conversions are approximations.
COVER AND COVER STORY ILLUSTRATIONS: BERNARD CHAU
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Newsbites
What’s happening in the world
of Hutchison Whampoa Limited
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Cover Story
The Dawning of a New Era
for Hutchison Whampoa
In spite of the clouds of
economic uncertainty in 2011,
the Hutchison Whampoa
Group managed to achieve
distinguished performances in
the telecommunications, ports,
retail, energy, infrastructure,
property and hotels sectors
around the globe.
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Energy
Husky’s New Angle
To better cope with the energy
challenges ahead, Husky Energy
in Canada is taking the lead in
exploring more sophisticated,
environmental friendly and
efficient methods for oil extraction
to power a more sustainable future.
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Community
Bringing more to life,
the world over
Corporate social responsibility
has always been at the heart of the
A S Watsons Group. It launched
the first ever Global Volunteer
Month in October 2011, bringing
targeted support to the local
communities that it serves.
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Feature
Game to do more
Hutchison holds great optimism
for the Asia aviation market as its
plan to upgrade capabilities of its
Chinese joint venture, Guangzhou
Aircraft Maintenance Engineering
Co (GAMECO) takes off.
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Then & Now
Up, Up and Away
GAMECO shares a comparison
between the Wright brothers’ first
airplane with the Airbus A380 that
it services today.
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