News: City Developments Ltd (CDEVY.PK)
4 Dec 2013
Tue, Nov 12 2013
SINGAPORE, Nov 12 - Singapore's City Developments Ltd said on Tuesday its third-quarter net profit fell 10.4 percent to S$120.6 million ($96.58 million) from S$134.5 million a year earlier.
SINGAPORE, Oct 1 - Singapore home prices softened in the third quarter, with some analysts predicting further declines in prices of government-built Housing and Development Board (HDB) apartments as recent credit restrictions on home buyers began to hurt demand.
City Developments Ltd's shares fell to their lowest in nearly six weeks, shrugging off a 48 percent surge in quarterly net profit on disposals of some non-core assets.
SINGAPORE, Aug 6 - Singapore property and hotel firm City Developments Ltd posted a 48 percent rise in second quarter net profit on Tuesday after gains from asset sales offset lower contributions from hotels.
Shares of Singapore property developer City Developments Ltd gained as much as 5 percent after home sales in the city-state rose 5.4 percent in May, boosted by new project launches.