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
27th May 201611:20 amRNSTransaction in Own Shares
24th May 201610:54 amRNSTransaction in Own Shares
23rd May 201612:21 pmRNSTransaction in Own Shares
23rd May 201611:22 amRNSDirector/PDMR Shareholding
20th May 201611:00 amRNSDirector/PDMR Shareholding
16th May 201612:29 pmRNSTransaction in Own Shares
12th May 201611:32 amRNSTransaction in Own Shares
11th May 201611:36 amRNSTransaction in Own Shares
11th May 201611:26 amRNSDirector/PDMR Shareholding
10th May 201611:40 amRNSTransaction in Own Shares
6th May 201610:52 amRNSTransaction in Own Shares
6th May 201610:16 amRNSAdditional Listing
6th May 201610:09 amRNSDirector Declaration
5th May 20164:44 pmRNSNon-Routine Resolutions submitted via NSM
5th May 20163:59 pmRNSResult of AGM
5th May 201612:39 pmRNSInterim Management Statement
5th May 201612:36 pmRNSInterim Management Statement
5th May 201611:46 amRNSTransaction in Own Shares
4th May 201612:34 pmRNSInterim Management Statement
4th May 201612:33 pmRNSInterim Management Statement
4th May 201612:32 pmRNSInterim Management Statement
3rd May 201611:56 amRNSTransaction in Own Shares
3rd May 201610:12 amRNSTotal Voting Rights
29th Apr 20162:01 pmRNSTransaction in Own Shares
28th Apr 201612:17 pmRNSHolding(s) in Company
28th Apr 201610:43 amRNSJC&C Ltd First Quarter Results & Dividend Stmt
27th Apr 201610:37 amRNSFirst Quarter 2016 Results of PT Hero
27th Apr 201610:12 amRNSDividend
26th Apr 201611:13 amRNSPT Astra International TBK First Quarter Results
25th Apr 201610:16 amRNSDividend
7th Apr 201610:20 amRNSAnnual Financial Report
30th Mar 201610:12 amRNSCirc re. Scrip Dividend Scheme
3rd Mar 20169:15 amRNS2015 Preliminary Announcement of Results
3rd Mar 20169:14 amRNS2015 Preliminary Announcement of Results
3rd Mar 20169:07 amRNS2015 Preliminary Announcement of Results
3rd Mar 20169:07 amRNS2015 Preliminary Announcement of Results
3rd Mar 20169:07 amRNS2015 Preliminary Announcement of Results
26th Feb 20169:35 amRNS2015 Year End Results of PT Hero
25th Feb 20169:57 amRNSJC&C 2015 Financial Statements & Dividends
25th Feb 20169:47 amRNSPT Astra - 2015 Full Year Financial Statements
1st Feb 20169:11 amRNSNotice of 2015 Final Results
6th Jan 20167:00 amRNSMandarin Oriental to Acquire Boston Hotel
31st Dec 20157:00 amRNSTotal Voting Rights
18th Dec 201510:09 amRNSTransaction in Own Shares
17th Dec 201511:16 amRNSTransaction in Own Shares
16th Dec 201510:32 amRNSTransaction in Own Shares
15th Dec 201510:43 amRNSTransaction in Own Shares
14th Dec 201510:50 amRNSTransaction in Own Shares
14th Dec 20157:04 amRNSTransaction in Own Shares
2nd Dec 20159:49 amRNSTransaction in Own Shares

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.