CapitaLand’s Q3 net profit up 48.3% to S$192.72m

NOV 4, 2015 7:59 AM

REAL estate group CapitaLand’s net profit for the third quarter surged 48.3 per cent to S$192.72 million from S$129.98 million a year ago.

This was mainly attributable to higher profit after tax and minority interests (Patmi) of S$163 million, better performance across all business units, as well as higher portfolio gains of S$20 million and revaluation gains of S$9 million.

Read more:
http://www.businesstimes.com.sg/companies-markets/capitalands-q3-net-profit-up-483-to-s19272m

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