Jardine Cycle & Carriage, Jardine Strategic Holdings 75%-owned subsidiary, has reported Group revenue in the first half ended 30 June of $8.5bn, 11% up on the previous year.

The Group's underlying profit grew by 13% to $375m. Profit attributable to shareholders was $399m, an increase of 22%, after accounting for non-trading gains of $24m, which primarily comprised fair value gains on an investment held by an associate and on an investment property.

Earnings per share rose 22% to 101 cents.

At 2:57pm: