irasia.com - Hutchison Whampoa Limited

UNAUDITED RESULTS FOR THE PERIOD ENDED 30 JUNE 2013 HIGHLIGHTS

HIGHLIGHTS

Note 1: 2010 results have been restated to reflect the Group's early adoption of HKAS 12 and the adoption of Husky Energy's new accounting policy in 2010, both with retrospective effects. See note 2 to the accounts.

Note 2: Revenue reduced by HK$1,334 million and HK$2,970 million for the first half of 2011 and 2010 respectively and EBIT reduced by HK$677 million and HK$1,556 million for the first half of 2011 and 2010 respectively, being the adjustments for non-controlling shareholders' share of revenue and EBIT of the Hutchison Port Holdings Trust ("HPH Trust") operations.

Total revenue grew 26% to HK$187,359 million.
Profit attributable to shareholders, before property revaluation and profits on disposal of investments and others, grew 59%.
Profit attributable to shareholders and earnings per share increased 632% to HK$46,296 million and HK$10.86 respectively.
3G customer base currently totals over 30.2 million worldwide.
3 Group reported EBIT of HK$767 million, a 177% turnaround from the comparable LBIT in 2010.

CHAIRMAN'S STATEMENT

The Group's operations performed well during the first half of 2011. In addition, the Group substantially strengthened its balance sheet and liquidity through a number of successful equity capital markets transactions. The Group's total revenue¹ was HK$187,359 million, 26% higher than same period last year. The Group's EBIT², before property revaluation, increased 55% to HK$23,522 million, reflecting increased contributions from the property and hotels division, the retail division, Cheung Kong Infrastructure ("CKI"), Husky Energy Inc ("Husky Energy"), Hutchison Telecommunications Hong Kong Holdings ("HTHKH") and the 3 Group. These increases were partially offset by the decreased EBIT contributions from the ports and related services division due to the division's reduced effective interest in deep-water container ports on the Pearl River Delta, including Hong Kong and Yantian ports, as a result of the Initial Public Offer ("IPO") of units in Hutchison Port Holdings Trust ("HPH Trust"), from Hutchison Asia Telecommunications ("HAT") and from finance and investments operations.

For more information, please visit http://doc.irasia.com/listco/hk/hutchison/interim/2011/intpress.pdf.

Source: Hutchison Whampoa Limited

Interim Reports

Company's Index

irasia.com

DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any information provided on this website. Under no circumstances shall irasia.com Ltd be liable for damages resulting from the use of the information provided on this website.
TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited.
TERMS OF USE: Please read the Terms of Use governing the use of our website.

Note 1:	2010 results have been restated to reflect the Group's early adoption of HKAS 12 and the adoption of Husky Energy's new accounting policy in 2010, both with retrospective effects. See note 2 to the accounts.
Note 2:	Revenue reduced by HK$1,334 million and HK$2,970 million for the first half of 2011 and 2010 respectively and EBIT reduced by HK$677 million and HK$1,556 million for the first half of 2011 and 2010 respectively, being the adjustments for non-controlling shareholders' share of revenue and EBIT of the Hutchison Port Holdings Trust ("HPH Trust") operations.