City Developments profits down 33.7% to $114.96m in Q3
Singapore Business Review·2019-11-14 12:00
The property development segment generated lower gross profits.
City Developments Limited (CDL) posted a lacklustre third quarter as profits fell 33.7% YoY to $114.96m during the period from $173.29m over the same period last year, an announcement revealed. Revenue also slipped 12.9% YoY to $885.3m in Q3 from $1.02b in Q3 2018.
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