Kerry profits healthy despite Covid


Hong Kong forwarder Kerry Logistics Network said its revenue increased by 68% year-on-year to HK$36,709 million while core operating profit rose 70% to HK$2,536 million (2020 1H: HK$1,489 million) in its interim results for the six months ended 30 June 2021.Core net profit jumped by 81% year-on-year to HK$1,530 million (2020 1H: HK$845 million). Group managing director William Ma said that while the Delta variant had severely affected supply chains and disrupted business operations around the world, KLN Group capitalised on the opportunities in this new environment by providing highly customised logistics solutions.