Less Ads, More Data, More Tools Register for FREE

Pin to quick picksJDS.L Regulatory News (JDS)

  • There is currently no data for JDS

Interim Management Statement

10 Nov 2010 09:18

RNS Number : 9339V
Jardine Strategic Hldgs Ld
10 November 2010
 



To: Business Editor For immediate releaseThe following announcement was issued today to a Regulatory Information Service approved by the Financial Services Authority in the United Kingdom.Jardine Strategic Holdings LimitedInterim Management Statement10th November 2010 - Jardine Strategic Holdings Limited has today issued an Interim Management Statement covering the period from 1st July to 9th November 2010 in accordance with the requirements of the Disclosure and Transparency Rules of the Financial Services Authority in the United Kingdom.

 

The positive trends seen in the first half of the year continued across many of the Group's markets. Within Jardine Matheson's directly held businesses, most of Jardine Pacific's operations performed well with Hong Kong Air Cargo Terminals benefiting from greater throughput and Gammon building a strong order book. Jardine Motors saw good vehicle sales in Hong Kong and mainland China, but conditions in the United Kingdom were more difficult. Jardine Lloyd Thompson produced an encouraging trading performance.

 

Demand remained steady in Hongkong Land's commercial property markets in Hong Kong and Singapore, but the contribution from its residential developments will be lower in the second half of the year due to the timing of completions. Dairy Farm increased sales and profit, and currency movements enhanced its results in US dollar terms. At Mandarin Oriental, a continuation of the occupancy-led recovery of the first six months led to improvements in room rates. The strength of the Indonesian economy helped drive Astra's impressive operating result with sales in its motor car and motorcycle operations achieving significant levels of growth.

 

While the pace and consistency of economic expansion around the world remain hard to predict, the Group benefits from strong trading cash flows and low levels of net debt and earnings for the year to date are well ahead of 2009.

 

Jardine Strategic is a holding company which takes long-term strategic investments in multinational businesses, particularly those with an Asian focus, and in other high quality companies with existing or potential links with the Group. Its principal attributable interests are in Jardine Matheson (54%), Hongkong Land (51%), Dairy Farm (78%), Mandarin Oriental (74%) and Jardine Cycle & Carriage (70%), which in turn has a 50% interest in Astra. Jardine Strategic is 81%-held by Jardine Matheson. The Company also has a 21% interest in Rothschilds Continuation. Jardine Strategic Holdings Limited is incorporated in Bermuda and has a premium listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. The Company's interests are managed from Hong Kong by Jardine Matheson Limited.

- end -

For further information, please contact:Jardine Matheson LimitedNeil M McNamara (852) 2843 8227GolinHarrisNick Bradbury (852) 2501 7910This and other Group announcements can be accessed through the Internet at 'www.jardines.com'.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSKBLBFBFFFFBD
Date   Source Headline
30th Jul 201510:47 amRNSPT Astra 2015 First Half Financial Statements
30th Jul 201510:07 amRNSHalf Yearly Results - 6 months ended 30 June 2015
30th Jul 201510:07 amRNSHalf Yearly Results - 6 months ended 30 June 2015
28th Jul 201510:32 amRNSFirst Half 2015 Results of PT Hero
2nd Jul 201510:08 amRNSNotice of 2015 Half-Yearly Results
18th Jun 20151:05 pmRNSJC&C Announces a US$772 Million Rights Issue
29th May 201510:27 amRNSTotal Voting Rights
22nd May 20157:00 amRNSMandarin Oriental JV to Acquire Hotel Ritz, Madrid
13th May 201510:40 amRNSDirector/PDMR Shareholding
8th May 201510:18 amRNSAdditional Listing
7th May 20153:48 pmRNSNon-Routine Resolutions submitted via NSM
7th May 20153:43 pmRNSResult of AGM
29th Apr 201510:58 amRNSJC&C 2015 First Quarter Financial Statements
29th Apr 201510:34 amRNSDividend
28th Apr 201512:31 pmRNSFirst Quarter 2015 Results
27th Apr 201511:06 amRNSPT Astra - 2015 First Quarter Financial Statements
27th Apr 201510:20 amRNSDividend
9th Apr 201512:43 pmRNSDirector/PDMR Shareholding
9th Apr 201510:26 amRNSAnnual Financial Report
7th Apr 20155:01 pmRNSResults of 1 for 4 Rights Issue
7th Apr 201510:11 amRNSDairy Farm Completes Inv in Yonghui Superstores
2nd Apr 201511:04 amRNSJC&C's Investment in Siam City Cement
1st Apr 201510:39 amRNSCirc re. Scrip Dividend Scheme
30th Mar 201510:39 amRNSDirector Declaration
30th Mar 20159:57 amRNSJC&C's Investment in Siam City Cement
16th Mar 20158:29 amRNSAdmission to Trading
13th Mar 201510:06 amRNSDairy Farm's Inv in Yonghui Receives Reg Approval
12th Mar 20159:42 amRNSPublication of Prospectus
5th Mar 20159:33 amRNS2014 Preliminary Announcement of Results
5th Mar 20159:32 amRNS2014 Preliminary Announcement of Results
5th Mar 20159:20 amRNS1 FOR 4 RIGHTS ISSUE TO RAISE US$316 MILLION
5th Mar 20159:18 amRNSDirectorate Change and Declaration
5th Mar 20159:16 amRNS2014 Preliminary Announcement of Results
5th Mar 20159:16 amRNS2014 Preliminary Announcement of Results
5th Mar 20159:16 amRNS2014 Preliminary Announcement of Results
27th Feb 20159:51 amRNS2014 Year End Results of PT Hero
26th Feb 201510:03 amRNS2014 Financial Statements & Dividend Announcement
26th Feb 20159:50 amRNSPT Astra 2014 Full Year Financial Statements
2nd Feb 20159:19 amRNSNotice of 2014 Final Results
7th Nov 20149:13 amRNSAcquisition of a 49% interest in Rose Pharmacy
5th Nov 201410:13 amRNSInterim Management Statement
5th Nov 201410:10 amRNSInterim Management Statement
5th Nov 201410:08 amRNSInterim Management Statement
5th Nov 201410:07 amRNSInterim Management Statement
5th Nov 201410:06 amRNSInterim Management Statement
4th Nov 201410:05 amRNSJC&C 2014 Third Quarter Financial Statements
31st Oct 20149:17 amRNSTotal Voting Rights
30th Oct 20149:37 amRNSPT Astra 2014 Third Quarter Financial Statements
30th Oct 20149:16 amRNS2014 Nine Months Results of PT Hero
15th Oct 201411:34 amRNSDirector/PDMR Shareholding

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.