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Hutchison results reflecting narrowing 3-G losses

Hutchison Whampoa Ltd. Thursday reports better than expected first-half net profit, as the conglomerate run by tycoon Li Ka-shing posts a narrower loss on its third-generation cellular operations. Upbeat results at its port and energy earnings also boost the group's performance.

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Hutchison first-half profit drops 63% on-year

HONG KONG (MarketWatch) -- Diversified Hong Kong-based conglomerate Hutchison Whampoa Thursday said its first-half net profit dropped 63% from the same period a year ago to HK$10.69 billion ($1.37 billion). The results were better than expected. The drop in profits was due to the sale of the group's mobile operations in India, which boosted earnings in the year-earlier period. The company,...

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Hutchison Whampoa's Net Drops 63%

Hutchison Whampoa posted a 63% fall in first-half net profit amid a year-earlier gain, but beat expectations as the conglomerate run by tycoon Li Ka-shing showed solid results across its core businesses.

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Hutchison Telecom Net Falls

Hutchison Telecom's net tumbled 98% in the first half from a year earlier when the firm booked a big gain on the sale of its Indian unit.

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Hutchison Whampoa Profits Rise on Lower 3G Loses

Hong Kong conglomerate, Hutchison Whampoa has posted a first half profit which beat the average of analyst estimates on lower loses from its 3G operations and higher port and energy earnings.

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Hutchison Whampoa may report a steep fall in net profit for 1H (Hong Kong)

According to analysts, Hong Kong tycoon Li Ka-shing’s conglomerate Hutchison Whampoa Ltd. could post a sharp decline in net profit for the first half of the year due to lower gains from asset sales. Net income for the six months could have dropped more than 70 percent to HK$8.6 billion compared with HK$28.76 billion in [...]

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A Letter From Senator Hutchison

On June 20th I wrote Senator Hutchison an email. I can't remember if I followed this email up with a fax, I do not believe that I did. Today I got a response: Dear Mr. *JR*: Thank you for contacting me regarding gun control in the District of Columbia. I welcome your thoughts and comments on this issue. The District of Columbia -- through the Firearms Control Regulations Act of 1975 -- instituted...

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Hutchison Whampoa profit dives, but beats forecasts

THE 63% drop was due in part to the lack of asset sales, but it beat analysts' forecasts that profit would fall below HK$10bn.

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The Morning Swim Show: Sean Hutchison Talks About Margaret Hoelzer's Great Olympic Swims, Megan Jendrick's Future

PHOENIX, Arizona, August 20. Today's episode of The Morning Swim Show features an interview with Sean Hutchison, the coach of Olympic triple medalist Margaret Hoelzer and 2000 Olympic champion Megan J...

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LOL POLS: Kay Bailey Hutchison Edition

We couldn’t resist having fun with this photo we found on Hutchison’s Senate website of her at the South Texas Nuclear Power Plant: Make your own LOL version of this photo. We’ll publish the best here at Capitol Annex. Put them in your flickr album, on your blog, or elsewhere, and leave us a link in the comments. You can download the photo without the LOL text here .

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Hutchison Telecom posts smaller 1H net profit, revenue rise

HONG KONG (MarketWatch) -- Hutchison Telecommunications International reported a large rise in first-half earnings from underlying operations, but said net profit declined sharply owing to distortions created when it booked a large one-off gain last year from the sale of its Indian cellular operations. Net profit for the six months ended June 30 totaled HK$1.17 billion ($150 million), down...

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UPDATE: Hutchison Telecom 1st Half Net Down; May Sell Thai Operations

Hutchison Telecommunications International said Tuesday its first-half net profit fell sharply largely due to a massive one-off gain it booked last year from the sale of its Indian business.

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Hutchison Telecom sees group profit jump to HKD 1.2 bln

(Telecompaper) Hutchison Telecommunications International saw its turnover and profits jump in the first six months of this year. All its major operations reported growth in turnover with particularly strong momentum from Israel, Hong Kong fixed-line and Thailand, driving the group's total turnover up 22 percent to HKD 11.8 billion. In the same period last year, Hutchison Telecom posted...

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Hutchison sits on $4.6bn in cash

Li Ka-shing's telecommunications company will decide by the end of the year what to do with the money it reaped from the controversial sale of its Indian arm to Vodafone