Jardine Cycle & Carriage (JC&C)

Results

Jardine C&C 3QFY2024 results ‘down slightly’ y-o-y

Astra, the group’s 50.1%-owned subsidiary in Indonesia, reported an increase in underlying profits.
The Hour Glass stays sector top as it finds 'new equilibrium' - THE EDGE SINGAPORE

Billion Dollar Club 2024

The Hour Glass stays sector top as it finds 'new equilibrium'

Overcoming the challenges of the pandemic was its “greatest achievement” and a “defining moment” for The Hour Glass
Jardine C&C reports 1HFY2024 underlying profit of US$500 mil, down 14% y-o-y - THE EDGE SINGAPORE

Results

Jardine C&C reports 1HFY2024 underlying profit of US$500 mil, down 14% y-o-y

The company plans to maintain the interim dividend payout of 28 US cents to its shareholders.

New appointments

Jardine Cycle & Carriage appoints new chairman who is currently group managing director of Jardine Matheson Holdings

John Witt will succeed Benjamin Keswick on Aug 2. Keswick has spent 12 years as chairman of JC&C.
Jardine Matheson ups stake in Jardine Cycle & Carriage, buying 150,400 shares at US$26.46 apiece - THE EDGE SINGAPORE

Insider moves

Jardine Matheson ups stake in Jardine Cycle & Carriage, buying 150,400 shares at $26.46 apiece

Following the purchase, Jardine Matheson Holdings has a deemed interest of 79.017% in Jardine Cycle & Carriage.

Results

JMH's 3QFY2023 performance was 'marginally above' last year’s with growth from Astra, DFI and Mandarin Oriental

The performance was partly offset by lower contributions from Jardine Pacific and Hongkong Land.

Billion Dollar Club 2023

Hutchison Port makes overall sector winner debut

HPH Trust replaced Jardine C&C as the overall winner in this sector

Company in the news

Jardine C&C’s indirect subsidiary subscribes for 857 mil new shares in Nickel Industries Limited for A$943 mil

The consideration amount took into account Nickel Industries’ historical earnings and growth potential.
Jardine Cycle & Carriage reports record underlying earnings of US$522 mil for 1HFY2022 - THE EDGE SINGAPORE

Results

Jardine Cycle & Carriage reports record underlying earnings of US$522 mil for 1HFY2022

The company plans to pay an interim dividend of 28 US cents per share, versus 18 US cents paid for 1HFY2021.
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