The Singapore-listed company posted a net profit of HKD 285.5m ($37m) versus the HKD 559m seen after the first three months of 2014.
However, the corresponding quarter last year was boosted by a gain of $244m from the disposal of certain terminals assets.
Revenue for the quarter was largely unchanged from a year ago at HKD 2.9bn, while operating expenses inched up only 2% to HKD 2.1bn.
The
