Underlying profit attributable to shareholders for the year rose 39% y-o-y to US$1.51 billion mainly due to stronger contributions from Astra, the group’s motors business including its stake in Zhongsheng, its Southeast Asian businesses held by Jardine Cycle & Carriage, as well as a recovery in the performance of Mandarin Oriental.
Hong Kong-based conglomerate Jardine Matheson Holdings (JMH) has reported earnings of US$1.88 billion ($2.55 billion) for the FY2021 ended December, reversing from the loss of US$394 million seen in the FY2020.
The conglomerate also oversees other listed entities such as Hongkong Land, Jardine Cycle & Carriage, Dairy Farm International (DFI) and Mandarin Oriental International
