Jardine Matheson Group

Results

Jardine C&C 1Q earnings more than double to $422 mil on Astra contribution

SINGAPORE (Apr 26): Jardine Cycle & Carriage (JC&C), which is 75%-owned by the Jardine Matheson Group, announced first quarter earnings rose 131% to US$312.4 million ($422 million) in 1Q19 from US$135.3 million in 1Q18.

Broker's Calls

More time needed for Dairy Farm's restructuring to show results

SINGAPORE (Mar 4): Analysts are keeping a neutral stance on Dairy Farm, a member of the Jardine Matheson Group, following its FY18 results announcement.

Results

Hongkong Land posts 67% increase in FY17 earnings to US$5.6 bil on fair value of investment properties

SINGAPORE (Mar 8): Hongkong Land Holdings, the property group which is a member of the Jardine group, announced FY17 earnings increased by 67% to US$5.6 billion ($7.37 billion) compared to US$3.35 billion in FY16.

M&A

Mandarin Oriental mulls sale of The Excelsior, HK

SINGAPORE (June 5): Mandarin Oriental International, a member of the Jardine Matheson Group, announced it will be reviewing its long-term strategic option with The Excelsior, Hong Kong.

Results

Mandarin Oriental posts 38% decline in FY16 earnings to $77.9 mil

SINGAPORE (March 2): Mandarin Oriental, a member of the Jardine Matheson Group, has declared FY16 earnings of US$55.2 million ($77.9 million), 38% down from its earnings of $89.3 million in the previous year on weak demand in a number of its key cities.

Hot Stock

Jardine C&C continues upwards climb after SGX query

SINGAPORE (June 30): Shares of Jardine Cycle & Carriage, which owns Jakarta-listed automotive distributor Astra International, continue to rise, adding another 2.3% on Thursday morning to hit $36.33.
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