Revenue for the full-year period was down 4% y-o-y to US$36.05 billion, from US$37.50 in FY2022.
Hong Kong-based conglomerate Jardine Matheson has reported earnings of US$686 million for the FY2023 ended Dec 31, 2023, up 94% compared to FY2022.
The group’s underlying earnings, a more accurate measurement of its operational performance, was up slightly by 5% y-o-y to US$1.66 billion. At a constant exchange rate, underlying earnings were up by 7% compared to FY2022.
