Capitaland's H1 profit soars to $922.2m from $96.6m

This is a whopping 854.5% increase.

CapitaLand recently posted a profit after taxation and minority interests of $922.2m for the first half (H1) of 2021, an 854.4% uptick over last year.

The company points to fees from CapitaLand’s real estate investment trusts and unlisted funds, as well as contributions from development projects as the reasons for this.

Earnings before interest and taxes also shot up by 262.9% to reach $2,165.7m compared to the previous year.

CapitaLand GroupCEO Lee Chee Koon delivered his outlook on Capitaland’s H1 2021 performance. “While we are encouraged by the progress achieved in H1 2021, we are mindful that our businesses continue to face disruptions and uncertainties heightened by COVID-19; and the wider economy has yet to resume normalcy.”

Koon also remarks that these results would be the last announced as the company undergoes its restructuring process.

Follow the link for more news on

CapitaLand

financial report

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia