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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 ....

Mwe Lab , Indonesia General , United Arab Emirates , United States , Hong Kong , United Kingdom , Hong Kong International Airport , Hong Kong General , Jakarta Raya , Marga Jaya , Jawa Tengah , Da Nang , Ðn Ng , Republic Of , Ar Riya , Saudi Arabia , Causeway Bay , Zung Fu , Ben Keswick , Acset Indonusa , Abu Dhabi , Asuransi Jiwa Astra , Jardine Schindler , Astra Otoparts , Simon Keswick , John Witt ,

Investegate |Jardine Strategic Announcements | Jardine Strategic: Astra International

For immediate release
2020 Full Year Financial Statements
The following announcement was issued today by the Company s 75%-owned subsidiary, Jardine Cycle & Carriage Limited, which holds 50.1% of PT Astra International Tbk.
For further information, please contact:
Jardine Matheson Limited
Brunswick Group Limited
25th February 2021
20
20

FULL YEAR
FINANCIAL STATEMENTS
Highlights
●
Net earnings per share down
53
%
(before
the
gain on sale of
investment in
Permata Bank)
●
Car sales down
50% with
a slight decline in
market share
, while motorcycle sales down
4
1
%

with increased market share
●
Increased loan loss provisions in the financial se ....

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