2009年3月26日

Hutchison Whampoa profit falls 42%

Mr Li always know when the best timing is. Nice one on Essar. Vodafone is getting burnt there. Not because of business but ever changing regime. 

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Hutchison Whampoa profit falls 42%

Hutchison Whampoa says its net profit in 2008 fell 42 percent, after one-off disposal gains strongly boosted its earnings the previous year. The figure of HK$17.66- billion was down from HK$30.6 billion in 2007. Total revenue rose 13 percent to HK$348.3 billion. The company's 2007 profit was boosted by a net gain of HK$35.8 billion from the sale of its 67 percent stake in Indian phone network Hutchison Essar to Britain's Vodafone.


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