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.