News Insights
Jardine Matheson Holdings Limited has recently announced significant transactions involving its management, including an acquisition of 23,000 ordinary shares by Director Graham Baker. This move, disclosed on March 17, 2025, reflects ongoing strategic investment and confidence in the company's performance amid a competitive landscape.
Moreover, one of Jardine's key subsidiaries, PT DFI Retail Nusantara Tbk, reported its financial results for the year ended December 31, 2024, indicating a 4% increase in net revenue to Rp 4,544 billion compared to the previous year. Notably, the subsidiary managed to narrow its loss from continuing operations to Rp 146 billion and achieved a substantial reduction in its reported loss to Rp 6 billion. The health and beauty sector demonstrated strong growth, and cost-saving measures in their IKEA division were effective despite challenges in home furnishings demand. These financial highlights suggest a strategic focus on improving operational efficiency and exploring growth avenues in its key businesses.
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