You are here

CDL Q3 net slides 33.7% on impairment losses


IMPAIRMENT losses arising from two hotels and transaction costs from Millennium & Copthorne Hotels' (M&C) delisting last month dragged down City Developments Limited's (CDL) third-quarter bottom line, which sank 33.7 per cent year-on-year to S$114.96 million.


BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to