In its earnings commentary, Jardine Matheson calls its FY2022 set of results a "strong" one, given how much of its core interests, operating out of Hong Kong and mainland China, were still "materially" impacted by pandemic-related restrictions.
Hong Kong-based conglomerate Jardine Matheson has reported FY2022 earnings of US$354 million, down 81% from FY2021. However, its underlying earnings, which the company says is a more accurate measurement of its operational performance, was up slightly by 5% to US$1.58 billion.
Revenue in the same period was up 5% to US$37.7 billion; total revenue including the total generated by its various associates and joint ventures, similarly grew by 5% to US$114.8 billion.
