Jardine C&C
Jardine C&C posts improvements in non-Astra businesses for 9M 2025
It expects its full-year underlying profit to be ‘broadly similar’ to that of 2024
Jardine C&C’s Astra posts 9-month net income slide of 6% to 24.7 trillion rupiah
Net revenue is down 1% at 243.6 trillion rupiah
Former OCBC CEO Samuel Tsien appointed as new Jardine C&C independent chairman
He will be the first to assume this role in the company
Jardine C&C goes for gold with US$540 million Indonesian gold mine buy
Astra International will acquire Arafura Surya Alam through two of United Tractors’ wholly-owned units
Automotive distributor Cycle & Carriage Singapore suffers data breach; 147,000 records stolen
Some personal information leaked, but not banking or credit card details
Jardine C&C reports 23% fall in H1 earnings to US$371 million on unrealised fair value losses
The board has declared an interim dividend of US$0.28 per share
Keppel DC Reit to replace Jardine C&C on STI
NetLink NBN Trust will take over Keppel DC Reit on the index’s reserve list
Jardine C&C reports lower contributions across most business units in Q1 2025
Recent global trade tensions have created an uncertain macroeconomic environment and the company is cautious of the knock-on effects
Jardine C&C posts 4.4% rise in H2 underlying profit to US$602 million
But full-year underlying profit was down 5% due to foreign exchange differences
Jardine Cycle & Carriage’s Indonesia, Vietnam Q3 earnings saddled by mushy consumer demand, weaker currencies
Its Singapore business recorded higher sales volume and margins, but overall profit was weighed down by lower contributions from its used-car operations
