Jardine Matheson 1st Half Pretax Profit Drops 7%; Sees Full-Year Flat

LONDON--Jardine Matheson Holdings Ltd (JAR.LN), a diversified business group, which focuses principally on Asia, Friday posted a 7.3% drop in pretax profit during the half year-end, adding that the group's overall performance for the full year is expected to be broadly unchanged from last year.

MAIN FACTS:

-The company recorded pretax profit of 2.39 billion United States during the half year-ended June 30, compared with $2.57 billion a year earlier

-Revenue $19.99 billion versus $20.17 billion; Revenue together with revenue of associates and joint ventures $31.36 billion dollars versus $30.27 billion.

-Net attributable to shareholders of the company $784 million versus $776 million; Underlying profit attributable to shareholders $753 million versus $705 million

-Operating profit $1.74 billion versus $2.16 billion

-Diluted earnings per share $2.13 versus $2.13; Basic earnings per share $2.14 versus $2.14

-Net asset value per share $49.09 versus $48.53

-Interim dividend per share 37.00c versus 35.00c

-Jardine Matheson Holdings shares in London at 1005 GMT traded down 113.0 cents, or 2.1%, at $52.57, valuing the company at $36.38 billion.

-Write to Razak Musah Baba at [e-mail]

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