SUBSCRIBERS

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

Published Wed, Nov 4, 2015 · 09:50 PM

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.

CapitaLand registered a 1…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes