HONG KONG - Kerry Logistics Network Limited (‘Kerry Logistics’ or together with its subsidiaries, the ‘Group’; Stock Code 636), a leading logistics service provider in Asia, today announced the Group’s annual results for 2015.
Group’s Financial Highlights
- Turnover maintained at HK$21,079 million (2014: HK$21,115 million)
- Core operating profit increased by 12% to HK$1,805 million (2014: HK$1,612 million)
- Core net profit increased by 9% to HK$1,061 million (2014: HK$976 million)
- Profit attributable to the Company’s shareholders increased by 9% to HK$1,804 million (2014: HK$1,659 million)
- Integrated Logistics (‘IL’) business achieved a 13% increase in segment profit to HK$1,636 million (2014: HK$1,450 million)
- International Freight Forwarding (‘IFF’) business recorded a 7% increase in segment profit to HK$361 million (2014: HK$337 million)
- Full-year dividend payout ratio increased to 26% (2014: 24%)
- Final dividend of 10 HK cents per share recommended