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Hutchison Whampoa profits up as 3G business does better

Mark

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­Hutchison Whampoa has reported that its profits for the first half of 2010 were up 12% year-on-year to HK$6.45 billion (around £521 million). Losses in the 3 Group, which runs a number of mobile networks including Three UK, were down 82% to HK$998 million. Hutchison Whampoa now has 27.8 million 3G mobile customers worldwide – a 6% annual rise – including over 5 million mobile broadband users.

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