IN BRIEF: Jardine Matheson hikes payout 16% as swings to annual profit
3rd Mar 2022 16:04
Jardine Matheson Holdings Ltd - Hong Kong-based holding company with interests in retail, property, hotels and motor dealerships - Swings back to profit in 2021 as revenue surges. Profit attributable to shareholders is USD1.88 billion, versus a loss of USD394 million in 2020. Underlying net profit rises 39% to USD1.51 billion from USD1.09 billion. Revenue grows by 10% to USD35.9 million from USD32.6 million, and gross revenue including 100% of associates and joint ventures improves by 20% to USD109.4 million from USD90.9 million. Lifts full-year dividend by 16% to USD2.00 from USD1.72. Read More