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CapitaLand Q2 profit up on fair value gains

Stronger performance from shopping malls and one-time debt repurchase gain as well

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Capitaland Limited has reported a 5.8 per cent rise in net profit for the second quarter ended June 30 to S$464 million, buoyed mainly by fair value gains from its China properties, stronger performance of its shopping malls and a one-time gain from debt repurchase.

Singapore

CAPITALAND Limited has reported a 5.8 per cent rise in net profit for the second quarter ended June 30 to S$464 million, buoyed mainly by fair value gains from its China properties, stronger performance of its shopping malls and a one-time gain from debt repurchase.

sentifi.com

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