RISING staff costs and a hike in other operating expenses saw Hutchison Port Holdings Trust (HPH Trust) posting a 15.5 per cent drop in profit attributable to its unit-holders at HK$380.3 million for the first quarter ended March 31, 2013. Revenue and other income for the quarter rose 1.1 per cent to HK$2.87 billion, the trust reported after the market closed on Tuesday. While throughput at the trust's Hong Kong terminals fell 7.4 per cent, its Yantian terminals recorded a 6.3 per cent increase year-on-year. HPH Trust makes its distribution to unit-holders on a semi-annual basis, with the figure calculated as at June 30 and Dec 31 each year.
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