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Fair value, divestment gains lift CapitaLand's Q3

Excluding one-off items, Q3 earnings fell 18.8% due to lower home sales in China

Published Wed, Nov 8, 2017 · 09:50 PM
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Singapore

FAIR value gains from redevelopment projects and portfolio gains from recent divestments lifted CapitaLand's net profit by 28.1 per cent to S$317 million in its third quarter.

Excluding one-time items, operating profit after tax and minority interests for the quarter fell 18.8 per cent to S$204.5 million.

This was due t…

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