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City Developments (CDL) results

CDL reports $32.1 mil loss for 1H21; special interim dividend of 3 cents per share declared - THE EDGE SINGAPORE

Results

CDL reports $32.1 mil loss for 1H21; special interim dividend of 3 cents per share declared

CDL's net loss of $32.1 mil is a reversal from $3.1 mil in net profit logged the year before.

August 12, 2021

Broker's Calls

City Developments a promising investment amid a smidgen 1.3% increase in FY2019 earnings, say analysts

DBS and OCBC say CDL has its merits as it re-develops its property at Liang Court, rejuvenates its Millennium & Copthorne (M&C) Hotels portfolio, grows its fund management portfolio and re-develops its commercial/industrial assets.

February 27, 2020

Results

CityDev posts 26.4% drop in 2Q earnings to $162.4 mil on lower revenue; declares special dividend of 6 cents per share

SINGAPORE (Aug 8): City Developments (CDL) saw its earnings fall 26.4% to $162.4 million for the 2Q19 ended June, from $220.7 million a year ago.

August 08, 2019

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