Minimal exposure for Hutchison if its Panama operations canceled
CK Hutchison (0001) is expected to be only slightly affected if Panama cancels its contract for operating ports, as the contribution from those operations is limited, JP Morgan says in a report.
Panama is said to be weighing whether to cancel its contract with Hutchison Ports, a subsidiary of CK Hutchison that operates ports near the Panama Canal – a potential concession to defuse US President Donald Trump’s threats about countering China’s influence around the key waterway.
JP Morgan estimates CK Hutchison’s exit from Panama to have less than a 1 percent impact on its earnings before interest, taxes, depreciation and amortization.
Hong Kong billionaire Li Ka-shing’s conglomerate CK Hutchison operates 53 ports across 24 countries, handling 82.1 million twenty-foot equivalent units in 2023, while its Panama operations account for 3.9 percent of the total at 3.2 million TEUs, according to JP Morgan.
RECOMMENDED NEWS

The Allure of Unique Cake Flavors and Fillings: A Journey of Taste and Delight
When it comes to cakes, flavors and fillings are key factors that elevate the culinary experience.

Exploring the Culinary Delights of Sydney Catering
Sydney, Australia, often called the “Harbour City,” is renowned for its iconic landmarks, stun

Benefits and Challenges of Working in Saudi Arabia
Saudi Arabia, a nation known for its rich history and rapid modernization, has become an increasin

How Tour Operators Can Take Advantage Of New Technologies
In this age of technological wonders, it’s difficult to find any corner of our lives that hasn�

Revolutionizing Events: A Look into Dynamic Displays
#ez-toc-container {background:#f9f9f9;border:1px solid #aaa;border-radius:4px;-webkit-box-shadow:0 1

The Royal Mail Group: A Legacy of Delivery Excellence
#ez-toc-container {background:#f9f9f9;border:1px solid #aaa;border-radius:4px;-webkit-box-shadow:0 1
Comments on "Minimal exposure for Hutchison if its Panama operations canceled" :