CK Hutchison 2022 net profit up 9.5% helped by big one-off gain [Reuters]
CK HUTCH HLD LTD UNSP/ADR (CKHUY)
NASDAQ:AMEX Investor Relations:
ckh.com.hk/en/ir
Company Research
Source: Reuters
expects lower one-off gains to affect its profit this year after posting a 9.5% rise in 2022 net profit, helped by a big one-off gain. The Hong Kong group said in a stock market filing that it had a net gain of over HK$10 billion ($1.3 billion) last year from mergers and acquisition transactions. "As one-off gains of similar magnitude may not materialise and, coupled with the numerous headwinds and externalities... its reported results in 2023 are expected to be affected," the filing said. CK Hutchison said net profit last year rose to HK$36.7 billion, beating a SmartEstimate forecast of HK$33.5 billion, thanks to improvements in the ports division, steady performance of its infrastructure businesses and the one-off gain. Sister company CK Asset (1113.HK) , a major property developer in Hong Kong which also has interests in infrastructure and utility assets overseas, said net profit during the period gained 3.6% to HK$21.7 billion. Analysts had forecast a HK$21.8 billion net
Show less
Read more
Impact Snapshot
Event Time:
CKHUY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CKHUY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CKHUY alerts
High impacting CK HUTCH HLD LTD UNSP/ADR news events
Weekly update
A roundup of the hottest topics
CKHUY
News
- Nvidia plans to build a $200 million AI center in Indonesia amid push into Southeast Asia [CNBC]CNBC
- CK Hutchison: Stock Seems Cheap, But Could Be A Value Trap [Seeking Alpha]Seeking Alpha
- Hong Kong Tycoons Struggle in Retail as Residents Flock to China [BNN Bloomberg (Canada)]BNN Bloomberg
- CK Hutchison's Profit Drops as Inflation Rises, Trade Slows [BNN Bloomberg (Canada)]BNN Bloomberg
- CK Hutchison Warns Growth Risks Building After Profit Drops [Financial Post (Toronto, Ontario, Canada)]Financial Post