Tag: Net revenue for CapitaLand falls in the 2nd quarter of the year

Net revenue for CapitaLand falls in the 2nd quarter of the year

Net revenue for CapitaLand falls in the 2nd quarter of the year

A large property owner known as CapitaLand announced that their net profit drops to 36.6% to S$294 million in the second quarter of 2016. The reason for this drop was due to lowered fair value gains from the properties changing prices, lessened by the enhanced running performance. On the other hand, there is an increase …

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