CapitaLand Investment (SGX:9CI) H1 2024 results

Key financial results

• Revenue: S$1.37 billion (up 1.5% from H1 2023).

• Net profit: S$331.0 million (a decrease of 5.7% from H1 2023).

• Profit margin: 24% (compared to 26% in H1 2023). The margin decline is due to higher expenses.

• Earnings per share: S$0.065 (compared to S$0.069 in H1 2023).

All figures shown in the graph above refer to the last 12 months (TTM)

Insights into CapitaLand’s investment returns

Average sales growth of 8.2% per annum is expected over the next three years, while sales in the real estate industry in Singapore are expected to stagnate.

Performance of Singapore real estate industry.

The company’s share price remained largely unchanged compared to the previous week.

Risk analysis

We should say we have discovered 3 warning signs for CapitaLand Investment (2 are a bit unpleasant!) that you should know before investing here.

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