According to company officials, China Merchants Port Holdings Company Limited has achieved four major transformation in 2016, namely accelerated business development, increased capital contribution, increased market impact, and expanded global impact. These were achieved by making breakthroughs among six major aspects including homebase port development, ports consolidation, overseas expansion, capital management in existing portfolio by integration of industry with elements of finance, operational transformation and business innovation.
In year 2017, the China Merchants Port Holdings Company will continue to explore port acquisition and consolidation opportunities, and strengthen port management capacity. It is believed that this approach coupled with the global trend of economic recovery, China Merchants Port Holdings Company’s container throughput in 2017 will exceed 100 million TEUs.
In terms of ports operation, the domestic and overseas projects in which the China Merchants Port Holdings Company invested delivered a record-high container throughput of 95.77 million TEUs in aggregate, up 14.5% from 2015. In 2016, revenue from the China Merchants Port Holdings Company’s core ports operation amounted to HK$24,506 million, up 14.0% year-on-year. The Group’s core ports operation recorded an EBITDA of HK$11,542 million, an increase of 8.8% year-on-year.