sector: Cyclical Consumer Goods & Services ·
industry: Auto & Truck Manufacturers ·
As of
2:35pm IST
24.50SGD
Jardine Cycle & Carriage Limited is an investment holding company engaged in the provision of management services. Through its subsidiaries, the Company is engaged in the manufacture, assembly, distribution and retail of motor vehicles and motorcycles, financial services, agribusiness, heavy equipment and mining, information technology and infrastructure. It is a member of the Jardine Matheson Group and has a 50.1% interest in Astra, an Indonesian conglomerate, and other directly held motor interests. The Company is organized into two main business segments: Astra and Motor. The Others segment consists of investment holding activities. Astra is further organized into four main business segments: Automotive, Financial Services, Agribusiness, Heavy Equipment and Mining, while its Others segment comprises information technology and infrastructure businesses. The Company represents motoring marques, including Mercedes-Benz, Toyota and Honda.
BRIEF: For the nine months ended 30 September 2009, Jardine Cycle & Carriage Limited's revenues decreased 17% to $7.45B. Net income decreased 13% to $352.1M. Revenues reflect a decrease in demand for Company's products & services. Net income was partially offset a decrease in finance charges, lower cost of sales, decreased selling & distribution expenses, lower administrative expenses and a decrease in other operating expenses.
Jardine Cycle & Carriage Limited
239 Alexandra Road
Singapore 159930