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
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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Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
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