Jardine Matheson 2015 profit up 5% to US$1.8 billion

Singapore

DESPITE trying circumstances in its two key markets of China and Indonesia, Jardine Matheson Holdings reported a 5 per cent increase in net profit to US$1.8 billion for the year ended Dec 31, 2015.

Revenue, together with revenue of associates and joint ventures, was up 4 per cent to US$65.27 billion, with Dairy Farm and Astra contributing the bulk of this at US$17.91 billion and US$25.25 billion respectively.