Jardine Cycle & Carriage (SG:C07) has released an update.
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Jardine Cycle & Carriage reported a slight decline in its financial results for the first nine months of 2024. The company faced challenges from currency weaknesses in Indonesia and Vietnam, affecting contributions from key subsidiaries despite strong underlying performances in sectors like financial services and infrastructure. The group also divested its stake in Siam City Cement to align with its long-term growth and sustainability strategies.
For further insights into SG:C07 stock, check out TipRanks’ Stock Analysis page.
