Earnings up for Jardine conglomerate
Jardine Matheson's full-year profit up 9.2% at US$1.71b; Jardine Strategic's rises 7.8% to US$1.83b
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Singapore
MOST of the Jardine conglomerate's businesses did well last year despite more challenging trading conditions, the group said as it posted a strong set of full-year earnings yesterday.
Better showings at its engineering and aviation services group Jardine Pacific and car dealers Jardine Motors and Jardine Cycle & Carriage offset a tumble at Indonesian automotive firm Astra International that came on the back of a weaker Indonesian rupiah.
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