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Investegate |Jardine Matheson Hdg Announcements | Jardine Matheson Hdg: 2020 Preliminary Announcement of Results


 
 
Headlines
·    
Underlying net profit attributable to shareholders down 32% to US$1,085 million and underlying earnings per share down 30% to US$2.95
·    
Southeast Asian businesses and Mandarin Oriental severely impacted by the pandemic, but resilience in Hongkong Land, Dairy Farm, Jardine Pacific and Jardine Motors
·    
Continued investment for the long-term exemplified by US$4.5 billion investment by Hongkong Land in West Bund in Shanghai
·    
Dividend maintained at
US
$1.72 per share for the year, reflecting Board s confidence in long-term strength of underlying businesses and balance sheet
·    
Separate announcement of offer to acquire remaining
c.15
% of Jardine Strategic for US$33 per share in cash
2020 has brought major challenges to our teams and businesses, but also de ....

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