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Jardine Cycle & Carriage ( (SG:C07) ) has shared an announcement.
Jardine Cycle & Carriage reported a decrease in contributions from most of its businesses in the first quarter of 2025, with Astra’s performance affected by a weaker Indonesian Rupiah. While financial services, agribusiness, and infrastructure saw improvements, automotive and heavy equipment sectors faced challenges. In Vietnam, THACO’s increased automotive sales were offset by currency issues, and JC&C slightly increased its stake in REE. Despite global trade tensions, the company remains cautious about potential impacts on currency rates and consumer sentiment.
More about Jardine Cycle & Carriage
Jardine Cycle & Carriage Limited operates in the automotive and financial services industries, focusing on the Southeast Asian market. The company is involved in automotive distribution, retail, and after-sales services, as well as financial services, agribusiness, and infrastructure.
YTD Price Performance: -14.56%
Average Trading Volume: 2,825
Technical Sentiment Signal: Buy
Current Market Cap: $7.83B
For a thorough assessment of C07 stock, go to TipRanks’ Stock Analysis page.
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