Kerry Logistics maintains growth in revenue and core net profit

28/03/2023

PRESS RELEASE

Hong Kong, Tuesday 28th March 2023: Kerry Logistics Network Ltd (‘Kerry Logistics Network’ or together with its subsidiaries, the ‘Group’ or ‘KLN Group’; Stock Code 0636.HK) today announced the Group’s annual results for 2022.

Group’s Financial Highlights

Revenue increased by 10% to HK$86,649 million (2021: HK$78,955 million*) Core operating profit dropped by 12% to HK$4,790 million (2021: HK$5,441 million*) Core net profit increased by 11% to HK$3,572 million (2021: HK$3,220 million*) Profit attributable to the Shareholders was HK$3,579 million, which represents a growth of 8% (2021: HK$3,309 million*). ...