Home Capital Results

CDL reports 2HFY2021 earnings of $129.7 mil; plans distribution in specie of CDLHT units worth 19.1 cents

The Edge Singapore
The Edge Singapore2/25/2022 07:39 AM GMT+08  • 3 min read
CDL reports 2HFY2021 earnings of $129.7 mil; plans distribution in specie of CDLHT units worth 19.1 cents
Including cash dividend of 12 cents, CDL's total payout for FY2021 will hit 31.1 cents
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

City Developments is back in the black with earnings of $129.7 million for 2HFY2021 ended Dec 2021, putting behind losses $1.92 billion incurred this time last year because of write-offs.

For the full year, the leading property and hotel player reported earnings of $97.7 million, versus full year losses of $1.92 billion for FY2020.

Revenue for 2HFY2021 was $1.43 billion, up 38.4% y-o-y; revenue for FY2021 was $2.63 billion, up 24.5% over FY2020.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now