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Jardine Matheson posts 39% rise in FY16 earnings to $3.5 bil

Dannon Har
Dannon Har3/2/2017 07:01 PM GMT+08  • 2 min read
Jardine Matheson posts 39% rise in FY16 earnings to $3.5 bil
SINGAPORE (March 2): Jardine Matheson Holdings saw a 39% rise in FY16 earnings to US$2.5 billion ($3.5 billion) from US$1.8 billion a year ago.
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SINGAPORE (March 2): Jardine Matheson Holdings saw a 39% rise in FY16 earnings to US$2.5 billion ($3.5 billion) from US$1.8 billion a year ago.

The stronger bottomline was led by the group’s US$1.1 billion share of an increase in the value of Hongkong Land’s investment property portfolio.

(See also: Hongkong Land reports 66% rise in FY16 earnings to $3.3 bil on property investment revaluation gains)

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