Company Briefs

Jardine C&C's 2013 net down 7% at US$915m

JARDINE Cycle & Carriage reported a net profit of US$915 million for the full year ended Dec 31, down 7 per cent year on year. Revenue fell 8 per cent to US$19.8 billion, on the back of lower sales of heavy equipment and the impact on translation of the weaker rupiah. Earnings per share were also 7 per cent lower at 257.24 US cents. The board is recommending a final dividend of 90 US cents per share.

OUE sinks into red with $36.5m loss