In its latest interim management statement for 3QFY2021, Jardine Cycle & Carriage announced that it has “performed well” in the third quarter, with Astra showing improvement and its direct motor interests remaining stable on a q-o-q basis. However, restrictions in Vietnam and Thailand impacted the q-o-q performance of the group’s other strategic interests.
On a 9MFY2021 basis, underlying profit recovered substantially from a year ago, reflecting improvements across all parts of the portfolio. However, by comparison with pre-pandemic levels, the group’s overall results for the first nine months of FY2021 were slightly lower than the same period in FY2019.
