tiprankstipranks
Trending News
More News >

Jardine Cycle & Carriage Faces Mixed Results Amid Currency Challenges

Story Highlights
  • Jardine Cycle & Carriage saw decreased contributions from most businesses in early 2025.
  • Currency challenges and global trade tensions impact Jardine’s operations and outlook.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App