Freight News, Logistics, Business, Forwarding

Kerry profits soar

[ March 25, 2021   //   ]

Kerry Logistics Network said its revenue increased by 30% to HK$53,361 million in 2020. Core operating profit increased by 20% to HK$3,320 million while core net profit increased by 33% to HK$1,828 million. Profit attributable to the Shareholders for 2020 was HK$2,896 million which, excluding the gain from disposal of two warehouses in Hong Kong in 2019, is a year-on-year growth of 58%.