Source - SMW
Jardine Strategic Holdings' 75%-owned subsidiary Jardine Cycle & Carriage's after-tax profits rose by 28% to US$1,365m in the nine months to the end of September.

Revenues were up 11% at $12,964m and underlying profit attributable to shareholders increased by 14% to $590m.

Chairman Ben Keswick said: 'The outlook for the rest of the year is expected to remain positive as Astra's results will continue to benefit from increased commodity prices, although there are concerns over greater competition in the car market as well as increased provisioning in certain of its financing activities. 

'The group's direct motor interests and other interests will continue to face market challenges.'




At 9:45am:



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