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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

Published Thu, Mar 5, 2015 · 09:50 PM

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.

All Jardine units, except for Astra and property developer Hongkong Land, contributed a bigger sum to the group's overa…

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