Telecom And Phone

Beijing time on March 30, afternoon news, according to foreign media reports, the biggest enterprises under the li ka shing hutchison whampoa today announced that, because of the asset sale and mobile business losses, narrow the benefits beyond the port and the energy business, the company's profit margins increased 12% fiscal 2009. An increase in profits Hutchison whampoa 2009 fiscal year realization of 142 million hk dollar net ($1.8 billion), or hk $3.32 earnings per share, higher than last year's net income and hk $2.7 billion 2.97 hk $earnings per share.

According to the survey, bloomberg, on average, analysts had realized hutchison whampoa 2009 fiscal year net 146 million hk dollar. Hutchison whampoa cut the mobile network marketing and the department to save costs, expenses and sell some assets to compensate for the loss of global economic recession.

Hutchison whampoa in 54 countries and regions, covering many fields such as pharmacy and power plants.

Due to the global economy, promoting trade and consumer spending reverting to increase this year, hutchison whampoa will also increase investment. Rating agencies fitch senior directors who international Singapore Pillay Kalai (Shared pires said: “the company last year off some capital expenditure will start this year, investment.” He also said, hutchison whampoa mobile business performance, can change the entire market. Li jiacheng has sold hutchison whampoa profitability strongest part of the business, and the use of ports, real estate, energy and retail business profits for the loss of mobile business 7 years.

Morgan Stanley analyst at levin says harry Choudhary Praveen (OS) on February 24, the report says, the investment of hutchison whampoa mobile department has reached about 240 million investment in hk. Results after the announcement, hutchison whampoa price declines, 57.25 to hk $1.7 percent.

Hutchison whampoa stock since this year has increased in the 7.1 per cent, Hong Kong's hang seng index shares in the first 10. Income Hutchison whampoa 2009 fiscal year from the last fiscal year sales 2355 million hk dollar decline to 2088 million hk dollar.

The company's three Group in Europe and Australia's seven 3G handset market to provide service, the business 2009 fiscal pre-tax loss rate, 2008 to hk $53 million hk dollar.

158 losses, Last march, hutchison whampoa expected mobile business will realize breakeven 2009 fiscal year.

But because of the global economic slowdown, the company did not last August.

This reiterated Macquarie securities analyst says Gary Pinge Gary (flat gives hutchison whampoa stock “Buy” (crashes) rating.

He published in the company earnings before said: “the user access to cost has been reduced, their operation efficiency will be higher.

He also thinks, hutchison whampoa mobile business will continue