CapitaLand Investment slides 3.2% on lower H1 earnings
Its H1 net profit fell 13 per cent to S$287 million from S$331 million in the year-ago period
[SINGAPORE] Shares of CapitaLand Investment (CLI) fell in early trade on Thursday (Aug 14) after the asset manager posted lower H1 earnings that same day.
The counter was trading at S$2.73 as at 9.11 am, shortly after market open, with around 3.1 million shares changing hands. This was 3.2 per cent or S$0.09 under its Wednesday closing price of S$2.82.
By 9.22 am, the stock had recovered to S$2.75, still down by 2.5 per cent or S$0.07 from Wednesday’s close, with some 3.3 million shares transacted.
Before market open on Thursday, CLI posted a net profit of S$287 million for its first half ended Jun 30, 2025, 13 per cent lower than S$331 million in the year-ago period.
Its earnings per share fell 11 per cent to S$0.058 from S$0.065 in H1 2024. Revenue for H1 fell 24 per cent to S$1.04 billion from S$1.37 billion.
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