JPMorgan China Growth & Income (LON:JCGI) Posts Quarterly Earnings Results

JPMorgan China Growth & Income (LON:JCGI) released its earnings results on Friday. The company reported GBX 3.89 earnings per share (EPS) for the quarter, Digital Look Earnings reports. JPMorgan China Growth & Income had a net margin of 72.25% and a return on equity of 2.99%.

JPMorgan China Growth & Income Price Performance

JPMorgan China Growth & Income stock opened at GBX 285.99 on Friday. The firm has a market capitalization of £237.57 million, a P/E ratio of 5.17 and a beta of 0.47. JPMorgan China Growth & Income has a 1-year low of GBX 200 and a 1-year high of GBX 313. The company’s 50-day moving average is GBX 288.86 and its 200 day moving average is GBX 269.46.

About JPMorgan China Growth & Income

Strategic thinking for Chinese markets
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.