- Compass Group 887.00 0.00
- Croda Intl. 2,529.00 0.00
- Eurasian 254.80 0.00
- Hsbc Hldgs.uk 726.00 0.00
- Next 4,580.00 0.00
- Woburn Energy 1.50 0.00
- Xtract 0.13 0.00
Jardine Matheson underlying pre-tax profits up 13%
Friday, 2nd March 2012
Underlying pre-tax profits at Jardine Matheson Holdings rose 13% to $4,784m in the year to the end of December.Revenues - including associates and joint ventures - increased 22% to $57,306m and underlying profits attributable to shareholders rose by 10% to $1,495m.
The board is recommending a final dividend of 92.00c per share, which represents an overall increase of 9% for the full year.
Chairman Sir Henry Keswick said: "There may be increasing fragility in some of the group's markets in the year ahead as the present uncertain economic conditions show little sign of improvement.
"Hongkong Land's contribution to the group's results will also be affected by fewer residential completions.
"The current year has, however, begun satisfactorily and with its extensive Asian networks and financial strength the group is well positioned in its chosen markets."
Story provided by StockMarketWire.com
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