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Jardine Matheson and Jardine Strategic post higher FY19 earnings on one-off gains

Stanislaus Jude Chan
Stanislaus Jude Chan • 3 min read
Jardine Matheson and Jardine Strategic post higher FY19 earnings on one-off gains
Jardine Matheson Holdings and Jardine Strategic Holdings have reported higher earnings for FY2019 ended December on the back of one-off gains, even as underlying net profit fell on lower revenue.
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SINGAPORE (Mar 5): Jardine Matheson Holdings and Jardine Strategic Holdings have reported higher earnings for FY2019 ended December on the back of one-off gains, even as underlying net profit fell on lower revenue.

For FY2019, Jardine Matheson saw its earnings jump 65% to US$2.84 billion ($3.95 billion), from US$1.72 billion a year ago.

Meanwhile, full-year earnings for Jardine Strategic climbed 19% to US$2.18 billion, from US$1.83 billion a year ago.

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