Written by Bloomberg
Wednesday, 04 August 2010 19:25
CapitaLand, Southeast Asia’s biggest developer, said it returned to profit in the second quarter after rental income from shopping malls and serviced residences increased.
Net income was $476.1 million in the three months to June 30 from a loss of $156.9 million a year earlier, the company said in a Singapore stock exchange statement today. Revenue surged 48% to $873.9 million.
Dividend : None
