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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

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In Q3, revenue was driven by higher-value residential sales, mostly from units at The Interlace (above) and Victoria Park Villas.

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

sentifi.com

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