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Jardine Matheson's FY16 net profit up 39% at US$2.5b

Singapore

LIFTED by a US$1.1 billion gain from higher value of Hongkong Land's investment property portfolio, Jardine Matheson Holdings' (JMH) net profit for the full year climbed 39 per cent to US$2.5 billion.

This translates to earnings per share of US$6.69 in FY16, up from US$4.

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