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International Business Times
International Business Times
Business

YOU WONT BELIEVE: Hong kong s embattled ck hutchison says profits down in 2024 | Mind Blowing Facts

CK Hutchison Hong Kong Li Kashing Victor Li CK Hutchison Holdings China BlackRock Panama United States Panama Canal
CK Hutchison this month offloaded its global ports business outside China -- including operations in the Panama canal -- to a group led by giant asset manager BlackRock for $19 billion in cash (Credit: AFP)

Embattled Hong Kong conglomerate CK Hutchison Holdings, caught in a US-China spat over control of the Panama Canal, said on Thursday that profits fell 27 percent in 2024.

CK Hutchison this month offloaded its global ports business outside China -- including operations in the canal -- to a group led by giant asset manager BlackRock for $19 billion in cash.

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