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Analysts positive on Capitaland Investment with expectations for better 2HFY2022

Chloe Lim
Chloe Lim8/15/2022 06:03 PM GMT+08  • 6 min read
Analysts positive on Capitaland Investment with expectations for better 2HFY2022
CLI reported revenue of $1.35 billion, up 29.1% y-o-y, in 1HFY2022, boosted by higher contributions from fee-related and real estate investment businesses.
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Analysts remain positive on Capitaland Investment (CLI) in spite of weaker-than-expected 1HFY2022 ended June results with PATMI declining 38% y-o-y as a result of China’s Covid-19-related restrictions.

CLI at the same time reported revenue of $1.35 billion, up 29.1% y-o-y, in 1HFY2022, boosted by higher contributions from fee-related and real estate investment businesses.

Moreover, fee-related (FRB) revenue grew 20.8% y-o-y in 1HFY2022 to $238 million, led by higher fees from listed funds as well as increased event-driven income from private funds.

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