JPMorgan China Growth & Income (LON:JCGI – Get Free Report) posted its quarterly earnings results on Thursday. The company reported GBX 0.24 earnings per share (EPS) for the quarter, Digital Look Earnings reports. JPMorgan China Growth & Income had a net margin of 300.88% and a return on equity of 24.72%. The firm had revenue of GBX 100 million for the quarter.
JPMorgan China Growth & Income Stock Performance
LON JCGI opened at GBX 278.58 on Friday. JPMorgan China Growth & Income has a twelve month low of GBX 228.77 and a twelve month high of GBX 313. The stock has a market cap of £227.34 million, a price-to-earnings ratio of 3.65 and a beta of 0.84. The firm’s 50 day moving average price is GBX 282.10 and its two-hundred day moving average price is GBX 286.58.
JPMorgan China Growth & Income Company Profile
JPMorgan China Growth & Income plc aims to provide the best of both worlds. The Manager focuses on investing in Chinese companies listed on domestic exchanges and companies in Greater China by focusing on the growth of “New China” – companies and sectors that are capitalising on the transition of the country to a more consumer-driven economy – whilst the Company aims to deliver a predictable quarterly income distribution – announced at the start of each financial year.
Key points
Expertise – Strong focus on research capabilities, with investment teams based in Hong Kong, Taiwan and mainland China.
Portfolio – Focuses on companies benefiting from the transition of China to a consumer-driven economy.
Results – Benefits from the economic transformation and evolving role of China as a global economic superpower while aiming to deliver a predictable quarterly income.
Why invest in this trust
The first investment trust to focus purely on the greater China region, the JPMorgan China Growth & Income plc capitalises on our extensive local knowledge and experience to find attractive opportunities in China, Taiwan and Hong Kong.
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