To Grow Faster than
Southeast Asia, Sustainably
Jardine Cycle & Carriage
Full Year 2022 Results Presentation (1 March 2023)
Disclaimer: Jardine Cycle & Carriage accepts no liability whatsoever with respect to the use of this document or its contents.
Key highlights and updates
- Record earnings of US$1.1 billion
- Record earnings from Astra and Non-Astra businesses
- 39% higher dividends in line with earnings
- Steps taken to reduce parent company debt by c.US$600 million
- Exciting potential for THACO & REE, JC&C's future champions
- Progress made to embed ESG in JC&C businesses
3
Our approach to delivering sustainable growth
TO OUTPERFORM SOUTHEAST ASIA'S GROWTH RATES
Our objectives
- Secure profit growth
- Maintain focus on the dividend
- Manage Balance Sheet priorities
- Strengthen the quality of the portfolio
- Embed ESG
Generate cash
Evolve the core
Accelerate
future champions
Our future champions
26.6%
-
Largest automotive group in Vietnam with
23% market share - 50,000 hectares of agriculture land
- Real estate project in Thu Thiem Urban Area,
District 2
33.6%
- Record profit of US$115 million in 2022
- Interests in solar, hydro and wind power, approximately 770MW (equity-adjusted)
- Full year contributions from 3 new wind farms
7
Embedding sustainability
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Disclaimer
Jardine Cycle & Carriage Ltd. published this content on 01 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 March 2023 10:07:39 UTC.