Li Ka-shing’s two flagship companies reported better- than- expected earnings last year, as asset sales and revaluations on investment properties helped Hong Kong’s wealthiest man beat forecasts even amid the global Covid-19 pandemic.CK Hutchison Holdings, the conglomerate with businesses in everything from consumer products to ports and telecommunications, said its 2021 net profit rose 15 per cent to HK$33.48 billion (US$4.28 billion), beating the consensus estimate of 10 analysts in Bloomberg…
Source : South China Morning Post
Read more…Li Ka-shing’s flagships post better-than-expected earnings, as its assets help Hong Kong’s wealthiest man beat forecasts even in a pandemic















