trending Market Intelligence /marketintelligence/en/news-insights/trending/jzyfqyiambo8gklodk_rnw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Jardine Matheson's 2017 profit rises, but falls short of expectations

COVID-19 Mining Impacts — Mining Projects With At-Risk Production

Gauging Credit Risk Through A Multidimensional Lens

COVID-19: Lessons Learned From Rated Airlines And The Implications On The Unrated Universe

Iron Ore CBS June 2020 — Iron Ore Prices Hit 10-Month High

Jardine Matheson's 2017 profit rises, but falls short of expectations

Jardine Matheson Holdings Ltd.'s attributable profit rose year over year in 2017 as the industrial conglomerate posted higher revenues for the year.

On an underlying basis, profit attributable to shareholders of Jardine Matheson reached $1.57 billion in 2017, compared to $1.39 billion in the previous year. Corresponding underlying diluted earnings per share were $4.16 in 2017, up from $3.70 in the previous year.

The S&P Capital IQ consensus normalized EPS estimate for 2017 was $4.18.

The company's total attributable earnings were $3.79 billion, or $10.04 per share, in 2017, up from $2.50 billion, or $6.68 per share, in 2016.

Jardine Matheson's total revenue rose 6% to $39.46 billion in 2017 from $37.05 billion in the prior year. Of the total, the Dairy Farm business contributed $11.29 billion in revenues, Astra generated $15.41 billion in revenues and Jardine Motors brought in $5.54 billion in revenues in 2017.

Operating profit for 2017 was $8.29 billion, up from $5.81 billion in the previous year.

Jardine Matheson raised its dividend by 7% to $1.60 per share in 2017 from $1.50 per share in the previous year.

"The group's principal markets across Greater China and Southeast Asia remained strong during 2017, and appear well set for 2018," Chairman Henry Keswick said.