Saturday, 19 August 2017

CK Hutch's telco ops turn in mixed 1H performance

By Nick Wood, Total Telecom
Thursday 11 August 16

Conglomerate reports strong EBITDA growth in Europe, but challenges remain in Hong Kong, Australia.

CK Hutchison's telcos on Thursday reported solid first half performances in Europe, tempered by weaker results in Hong Kong and Australia. 3 Group Europe generated revenue of HK$30.17 billion (€3.47 billion) in the six months to 30 June, down 1% from last year on a reported basis due to the depreciation of the euro…

CK Hutchison's telcos on Thursday reported solid first half performances in Europe, tempered by weaker results in Hong Kong and Australia. 3 Group Europe generated revenue of HK$30.17 billion (€3.47 billion) in the six months to 30 June, down 1% from last year on a reported basis due to the depreciation of the euro…

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