SINGAPORE (Feb 28): CapitaLand and City Developments (CDL) reported their FY2019 and 4QFY2019 earnings ended December on Feb 26 and both focused on return on equity (ROE). CapitaLand’s ROE rose to 10% in FY2019, from 9.3% in FY2018. In 2013, CapitaLand first set an ROE target of 8%.

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