- Singapore
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- Industrials
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- SGX:J36
Jardine Matheson Holdings First Half 2024 Earnings: EPS Beats Expectations, Revenues Lag
Jardine Matheson Holdings (SGX:J36) First Half 2024 Results
Key Financial Results
- Revenue: US$17.3b (down 5.1% from 1H 2023).
- Net loss: US$40.0m (down by 107% from US$566.0m profit in 1H 2023).
- US$0.14 loss per share (down from US$1.95 profit in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Jardine Matheson Holdings EPS Beats Expectations, Revenues Fall Short
Revenue missed analyst estimates by 75%. Earnings per share (EPS) was also behind analyst expectations.
Looking ahead, revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Industrials industry in Asia.
Performance of the market in Singapore.
The company's shares are down 5.2% from a week ago.
Risk Analysis
Be aware that Jardine Matheson Holdings is showing 4 warning signs in our investment analysis that you should know about...
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About SGX:J36
Jardine Matheson Holdings
Through its subsidiaries, operates in motor vehicles and related operations, property investment and development, food retailing, health and beauty, home furnishings, engineering and construction, and transport businesses in China, Southeast Asia, and internationally.
Excellent balance sheet established dividend payer.