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Jardine Matheson Reports Strong Q3 Performance

Jardine Matheson Reports Strong Q3 Performance

Jardine Matheson Holdings (SG:J36) has released an update.

Jardine Matheson Holdings has reported strong third-quarter results for 2024, outperforming the previous year with notable gains in Astra’s Financial Services and Heavy Equipment divisions. Hongkong Land is shifting its focus to ultra-premium integrated commercial properties in Asia’s gateway cities, while DFI Retail Group saw profit growth despite challenges in its Home Furnishings division. Significant changes include DFI’s divestment of its Yonghui stake for $640 million.

For further insights into SG:J36 stock, check out TipRanks’ Stock Analysis page.

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