KLN 'beaten' by Amazon in the transpacific race? 'You need to look deeper'
The margin between conquest and inertia
EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS
EXPD: QUOTE OF THE WEEKVW: MASSIVE JOB CUTSFDXF: FIRST TRADING UPDATE EXPD: MORE BULLISH THAN BEARISHFWRD: HUNTING FOR VALUEFDX: CAPITAL STRUCTURE ADJUSTMENTPLD: DOWN SHE GOESPLD: REIT DEAL-MAKINGFDX: HOLDING UPVW: BIG DIVESTMENTAMZN: AI INVESTMENTMAERSK: ANOTHER UPGRADE GXO: CONTRACT RENEWALFDX: SELL-SIDE REACTION TO INTERIMS
Financial highlights
• Turnover increased by 2% to HK$10,135 million (2014 1H: HK$9,984 million)
• Core operating profit increased by 16% to HK$925 million (2014 1H: HK$796 million)
• Core net profit increased by 11% to HK$542 million (2014 1H: HK$490 million)
• Profit attributable to the company’s shareholders increased by 11% to HK$701 million (2014 1H: HK$634 million)
• Integrated Logistics (“IL”) business achieved a 15% increase in segment profit to HK$807 million (2014 1H: HK$704 million)
• International Freight Forwarding (“IFF”) business recorded a 22% increase in segment profit to HK$191 million (2014 1H: HK$157 million)
• Achieved steady growth in overall operating profit and double-digit growth in core earnings
• Interim dividend of 6 HK cents per share recommended
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