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Jardine Matheson and Jardine Strategic report higher earnings in 1H on one-off gain

PC Lee
PC Lee8/2/2019 6:39 PM GMT+08  • 3 min read
Jardine Matheson and Jardine Strategic report higher earnings in 1H on one-off gain
SINGAPORE (Aug 2): Jardine Matheson Holdings and Jardine Strategic Holdings reported 152% and 75% higher earnings of US$2.3 billion ($3.2 billion) and US$1.7 billion respectively for the 1H ended June.
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SINGAPORE (Aug 2): Jardine Matheson Holdings and Jardine Strategic Holdings reported 152% and 75% higher earnings of US$2.3 billion ($3.2 billion) and US$1.7 billion respectively for the 1H ended June.

This was mainly due to the sale of the group’s interest in Jardine Lloyd Thompson which produced a net gain of US$874 million and US$1.5 billion for Jardine Matheson and Jardine Strategic respectively.

There was also a non-trading net gain of US$878 million and US$1.5 billion for Jardine Matheson and Jardine Strategic respectively.

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