Hutchison Whampoa’s ports division boosted profits by 14 percent last year despite flat volume growth across its global terminal network.
Total revenue rose 12 percent in 2011 compared to a year earlier to HK$32.5 billion (US$4.2 billion), while earnings before interest, taxes, depreciation and amortization increased 14 percent to $1.5 billion on a like-for-like basis.