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China Merchants Port's H1 Profit Up 2%

MT Newswires ·  {{timeTz}}

08:25 AM EDT, 09/28/2022 (MT Newswires) -- China Merchants Port Holdings (HKG:0144) posted HK$4.83 billion ($614.7 million) in attributable profit in the first half of 2022, up 2.4% from HK$4.71 billion a year ago.

The company's earnings per share for the six months ended June 30 were HK$1.28, slightly down from HK$1.29 in the year-earlier period.

Revenue jumped to HK$6.51 billion from HK$5.66 billion due to an increase in the business volume and tariff of its ports operation, according to a late Tuesday disclosure.

The port operator declared an interim dividend of HK$0.22 per share, unchanged from the year-ago period.

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