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Home>CapitaLand: 1Q Profit Up on Property-Sale Gains, Revenue Up 0.4%

CapitaLand: 1Q Profit Up on Property-Sale Gains, Revenue Up 0.4%

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Wed, 26 Apr 2017

By Saurabh Chaturvedi SINGAPORE--CapitaLand Ltd. (C31.SG) said Wednesday its net profit rose 77.2% on-year in the first quarter, mainly due to a one-time gain from the divestment of a property in Singapore. The builder's net profit in the January-to-March quarter was 386.8 million Singapore dollars

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