Jardine C&C's underlying net profit inches up 1% to US$863 million
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Singapore
JARDINE Cycle & Carriage's (Jardine C&C) earnings for the year ended Dec 31, 2019 rose marginally from a year ago as lower car sales in Singapore, Malaysia and Vietnam offset savings on corporate costs, according to the regional auto dealer's results on Thursday.
Underlying net profit, which excludes non-trading items like investments, climbed 1 per cent to US$863 million from the revised underlying net profit of US$856 million in FY2018.
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