Highlights
- Underlying profit up 5% to US$1.66 billion (+7% at CER°)
- Record performance in South East Asia, driven by Astra
- Strong recoveries at DFI Retail and Mandarin Oriental
- Significant capital investments at Astra to drive future growth
- Full year dividend up 5% to US$2.25
°CER means Constant Exchange Rates
Diversified portfolio of quality businesses
Underlying profit attributable to shareholders of US$1,661 million
(2022: US$1,584 million)




Leveraging the growing prosperity of Asia


*Based on underlying profit attributable to shareholders before corporate and other interests, which amounted to US$1,765 million in 2023 (2022: US$1,740 million).
2023 financial highlights
Revenue
(US$ billion)
US$1bn
DPS
(US$)
US$1
Underlying EPSΩ
(US$)
US$1
Reported EPS
(US$)
US$1
Cash flows from operating activities
(US$ billion)
US$1bn
Net debt & gearing %#
(US$ billion)
US$1bn & 15%
Results
2023
US$m |
2022
US$m |
Change
% |
|
---|---|---|---|
Revenue
|
36,049
|
37,496
|
(4)
|
Underlying profit before taxΩ
|
5,034
|
4,930
|
2
|
Underlying profit attributable to shareholdersΩ
|
1,661
|
1,584
|
5
|
Profit attributable to shareholders
|
686
|
354
|
94
|
Shareholders’ funds
|
29,010
|
28,850
|
1
|
Capital investments
|
4,668
|
3,507
|
33
|
US$ |
US$ |
% |
|
Underlying earnings per shareΩ
|
5.74
|
5.49
|
5
|
Earnings per share
|
2.37
|
1.22
|
94
|
Net asset (book) value per share
|
100.31
|
99.55
|
1
|
Dividends per share
|
2.25
|
2.15
|
5
|
|
|||
People employed
|
285,000
|
ΩThe Group uses ‘underlying profit’ in its internal financial reporting to distinguish between ongoing business performance and non-trading items, as more fully described in note 40 to the financial statements. Management considers this to be a key measure which provides additional information to enhance understanding of the Group’s underlying business performance.
#Excluding net borrowings of financial services companies.