CLI’s PATMI down 19% to $351m in H1

The PATMI was attributed to improved operating performance in most sectors.

CapitaLand Investment Limited (CLI) posted a total of $351m PATMI in the first half of 2023 a nearly 20% decline from $433m in the same period last year.

In a financial statement, CLI said the PATMI has an improved operating performance in most sectors in the face of high interest rates, which is mitigated by lower portfolio gains.

CLI’s operating PATMI stayed resilient at $344m for H1 2023, supported by higher earnings from the lodging business all over markets and lower operating expenses, partially mitigated by higher interest costs and the absence of event-driven performance fees from two private funds exited in H1 2022.

It posted a revenue of $1.345b for H1 2023 which was marginally lower year-on-year due to lower contribution from the Real Estate Investment Business (REIB), partially mitigated by higher Fee Income-related Business (FRB).

The lower REIB revenue of $932m was due to loss of contribution from properties divested in 2022 and lower contribution from properties in China.

Follow the link for more news on

CapitaLand Investment Limited

Financial Statements

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. 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