SINGAPORE (May 11): City Developments Limited (CDL) announced that its 1Q18 earnings have dropped by 16.3% to $80.0 million, compared to $95.6 million in 1Q17.

Revenue was 35% higher at $1.06 billion, compared to $783.7 million a year ago, propelled by the completion of The Criterion Executive Condominium (EC).

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