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Jardine Cycle & Carriage Limited 2006 Half Year Financial Statements And Dividend Announcement

Hamilton, Bermuda: 8 September, 2006 --

 

Highlights

€¢ Underlying earnings decline by 39% to US¢28.51 per share

€¢ Indonesian markets for motor vehicles and motorcycles decline by 49% and 26%, respectively

€¢ Appointed by Citroen as distributor in Singapore

€¢ Interim dividend maintained at US¢3.00 per share

 

"While the recent lowering of interest rates in Indonesia should be of benefit to our operations there, it remains too early to predict the extent of a recovery in consumer demand."

 

Anthony Nightingale, Chairman

8 September 2006

 

Full report can be found at: http://www.jcclgroup.com/pdf/news/20060908-JCC2006HYResults.pdf