Home Capital Results

Jardine Matheson reports earnings of US$1.88 bil in FY2021 from FY2020 loss; declares final dividend of US$1.56

Felicia Tan
Felicia Tan3/3/2022 08:38 PM GMT+08  • 2 min read
Jardine Matheson reports earnings of US$1.88 bil in FY2021 from FY2020 loss; declares final dividend of US$1.56
The final dividend will be paid out on May 11.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Hong Kong-based conglomerate Jardine Matheson Holdings (JMH) has reported earnings of US$1.88 billion ($2.55 billion) for the FY2021 ended December, reversing from the loss of US$394 million seen in the FY2020.

The conglomerate also oversees other listed entities such as Hongkong Land, Jardine Cycle & Carriage, Dairy Farm International (DFI) and Mandarin Oriental International

Underlying profit attributable to shareholders for the year rose 39% y-o-y to US$1.51 billion mainly due to stronger contributions from Astra, the group’s motors business including its stake in Zhongsheng, its Southeast Asian businesses held by Jardine Cycle & Carriage, as well as a recovery in the performance of Mandarin Oriental.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.