Jardine Matheson (JARD.SI): Quick Glance at 1H26 Results – Adjusted Underlying Profit +9% YoY

Research evidence excerpt

Jardine Matheson (JARD.SI): Quick Glance at 1H26 Results – Adjusted Underlying Profit +9% YoY

Jardine Matheson (JARD.SI)

30 July 2026 Citi Research

Citigroup Global Markets Inc. or its affiliates received compensation for products and services other than investment banking

services from Astra International,DFI Retail,Hongkong Land,Jardine Cycle & Carriage Ltd,Jardine Matheson,ZSG in the past 12

months.

Citigroup Global Markets Inc. or its affiliates currently has, or had within the past 12 months, the following as investment

banking client(s): Astra International,DFI Retail,Jardine Cycle & Carriage Ltd,Jardine Matheson.

Citigroup Global Markets Inc. or its affiliates currently has, or had within the past 12 months, the following as clients, and the

services provided were non-investment-banking, securities-related: Astra International,DFI Retail,Jardine Cycle & Carriage

Ltd,Jardine Matheson.

services provided were non-investment-banking, non-securities-related: Astra International,DFI Retail,Hongkong

Land,Jardine Cycle & Carriage Ltd,Jardine Matheson,ZSG.

Analysts’ compensation is determined by Citi Research management and Citigroup’s senior management and is based upon

activities and services intended to benefit the investor clients of Citigroup Global Markets Inc. and its affiliates (the “Firm”).

Compensation is not linked to specific transactions or recommendations. Like all Firm employees, analysts receive

compensation that is impacted by overall Firm profitability which includes investment banking, sales and trading, and

principal trading revenues. One factor in equity research analyst compensation is arranging corporate access events between

institutional clients and the management teams of covered companies. Typically, company management is more likely to