CapitaLand posted a 19 per cent drop in net profit to $351 million
#1

" - CapitaLand Investment (CLI) posted a 19 per cent drop in net profit to $351 million for its first half ended June 30, from $433 million in the previous corresponding period.

This was mainly due to lower portfolio gains amid a prudent deal-making environment, which slowed down asset-recycling transactions, the property giant said in a regulatory filing on Friday.

Earnings per share stood at 6.9 cents for the half year, down from 8.4 cents the previous year.

" Thinking
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#2

Looks like most property counters took a hit in first half of the year.
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#3

Good chance to  accumulate.
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