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Jardine C&C's underlying profit falls 66% in H1; interim dividend halved

Singapore

WITH a slump in car sales amid the Covid-19 pandemic, Jardine Cycle & Carriage (Jardine C&C) saw a steep 66 per cent drop in its underlying profit to US$138 million for H1 FY2020 ended June.

Besides the challenges in the automotive segment, the company was also...

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