SUBSCRIBERS
Jardine C&C's underlying profit falls 66% in H1; interim dividend halved
Add BT as a preferred source
Published Thu, Jul 30, 2020 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
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 hit by weakness in the financial services and heavy equipment and mining businesses.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
