SUBSCRIBERS
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
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Booking says room reservations to slow amid Middle-East conflict
CapitaLand India Trust to acquire 2.5 million sq ft of IT buildings in Hyderabad
Block raises annual forecast on resilient consumer spending
Live Nation’s revenue beats estimates as boom in concerts drive ticket sales
Apple profit ebbs as iPhone sales under pressure
DBS customers unable to log into digibank, PayLah! on Thursday