City Developments profits down 33.7% to $114.96m in Q3

City Developments profits down 33.7% to $114.96m in Q3

Singapore Business Review·2019-11-14 12:00

Trust Moving Service: Punctual, Thoughtful, Good price!
Offering Year-end Bonus & Employee Allowance! Din Tai Fung is hiring at HIGH SALARY now!

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.

……

Read full article on Singapore Business Review

Singapore Business Finance