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Published Mon, Nov 12, 2018 · 09:50 PM
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City Developments Limited (CDL) | Buy (upgraded) Fair value: S$10.73 Nov 12 close: S$8.49 OCBC Investment Research, Nov 12
CDL's Q3 results were in-line with our expectations. Profit after tax and minority interests (PATMI) increased 10.4 per cent year-on-year to S$161.8 million on the back of a 17.7 per cent jump in revenue to S$1.02 billion.
For 9M18, CDL's reve…
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