SUBSCRIBERS
Jardine C&C posts FY16 profit of US$702m, bolstered by Astra
Published Mon, Feb 27, 2017 · 09:50 PM
Singapore
CONGLOMERATE Jardine Cycle & Carriage saw a net profit of US$702 million for FY16, up from US$691 million in the year prior.
Profit for the full year under review included a net non-trading profit of US$23 million from the gain of the sale of a property and investment property valuations. In comparison, 2015's bottom line included a net non-trading gain of US$59 million.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Microsoft, Brookfield to partner on renewable energy projects
UK house prices fall again after mortgage rates creep higher
Why the yen is so weak and what that means for Japan
UAE's top bank FAB beats Q1 profit estimates
IndoAgri appoints former EDB chairman Philip Yeo as chairman and lead independent director
US, Philippines eye agreement to cut China nickel dominance