CAPITALAND on Monday updated its profit guidance for the six months ended June 30, 2020 with expectations that its total Patmi (profit after tax and minority interests) will be reduced by 85-95 per cent from the S$875.4 million recorded a year ago. Read more at The Business Times.
CAPITALAND on Monday updated its profit guidance for the six months ended June 30, 2020 with expectations that its total Patmi will be reduced by 85-95 per cent from the S$875.4 million recorded a year ago.effective share in revaluation losses from two of its listed investments, CapitaLand Mall Trust and CapitaLand Commercial Trust , the property group said in a bourse filing.
It added that the trusts' financial results incorporated a loss on revaluation of their respective investment properties totalling about S$553.9 million.
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