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CDG declares interim dividend of 2.85 cents and special dividend of 1.41 cents amid 30.4% 1HFY2022 earnings growth

Felicia Tan
Felicia Tan8/12/2022 05:47 PM GMT+08  • 3 min read
CDG declares interim dividend of 2.85 cents and special dividend of 1.41 cents amid 30.4% 1HFY2022 earnings growth
ComfortDelGro (CDG) has reported earnings of $118.7 million for the 1HFY2022 ended June, 30.4% higher y-o-y. Photo: CDG
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ComfortDelGro (CDG) has reported earnings of $118.7 million for the 1HFY2022 ended June, 30.4% higher y-o-y.

The earnings growth was largely due to a one-off exceptional gain of $30.5 million from the disposal of the Alperton property in London. Excluding the exceptional gain, net profit stood at $88.2 million, 3.1% lower y-o-y.

During the period, revenue increased by 6.7% y-o-y to $1.86 billion due to the relaxed Covid-19 measures in most of CDG’s markets except China.

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