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Accounting change sends Jardine C&C profits down by 36%

Singapore

JARDINE Cycle & Carriage (Jardine C&C) saw a first-quarter plunge in profits, no thanks to fair-value investment losses, according to financial statements released on Thursday.

Earnings fell to US$135.4 million for the three months to March 31, down by 36 per cent...

sentifi.com

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