CapitaLand Q3 earnings up 48% to S$192.7m
Profit from operations rises 25.9% to S$163m; another S$29m comes from portfolio and revaluation gains
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Singapore
CAPITALAND Limited racked up a 48 per cent jump in net profit to S$192.7 million for the third quarter ended Sept 30, thanks to stronger operational performance as well as higher portfolio and revaluation gains.
This includes S$163 million from operations (up 25.9 per cent) due to better performance across all business units; S$20 million from higher portfolio gains; and S$9 million from revaluation gains.
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