SINGAPORE - Conglomerate Jardine Cycle & Carriage's first-quarter net profit fell 20 per cent to US$140.6 million (S$188.9 million).
Revenue for the three months to March 31 dipped 9 per cent to US$3.65 billion.
Quarterly earnings per share were 36 US cents, down from 348 US cents, compared with the same period a year earlier.
Net asset value per share rose to US$13.88 as at March 31, compared with US$13.07 as at Dec 31.
