Hutchison Whampoa: Exceptional Exceptionals

Headline numbers fail to tell the full story of Hong Kong's largest conglomerate Hutchison Whampoa [13]. Despite a steep 70.9% drop year-on-year (yoy) in financial year 2000 net profit, the company is sitting on a pile of liquid assets worth more than HK$200 billion ($25.65 billion), leaving it well positioned to face a challenging year in the global economy and as a forerunner in the third generation (3G) telecoms market.