Half Year 2020 Hutchison Port Holdings Trust Earnings Call Transcript
Ladies and gentlemen, welcome to the conference call of Hutchison Port Holdings Trust 2020 interim results announcement for the period ended 30th of June 2020.
Now I will hand over to Mr. Patrick Lam, the CEO of Hutchison Port Holdings Trust. Mr. Lam, please begin.
Yes. Good afternoon, ladies and gentleman, and our dear investors or friends. Now about the HPH Trust result for the second quarter. Actually, a lot of people focused pretty much on the COVID-19 impact. And as it was, they know that, that was broken out early in the first quarter 2020. And actually, that was also the hardest hit to the Trust business where you can see the supply chain were being disrupted and the consumption sentiment was down and the cities lockouts and economic contraction. Shipping lines also exercised blank sailings.
But, well, in the second half of the second quarter, I will say that we see signs of picking up where demands are growing and shipping lines are -- I'm
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