CapitaLand, Singapore's largest listed property developer, has posted a 17-per-cent increase in second-quarter net profit from the corresponding period a year earlier to S$399 million due to higher contributions from projects in Singapore and China.
Revenue rose 25 per cent to S$740.4 million. The company, about 40 per cent-owned by investment giant Temasek Holdings, said yesterday it remained positive on its key Singapore and China markets despite global macroeconomic concerns..............................................Full Article: Source
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