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CDL Reports 3.9% Profit Surge Amid Challenges

8/13/2025

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Summary

Story summary

City Developments Ltd (CDL) in Singapore celebrated a 3.9% profit surge to S$91.2 million in H1 2025, overcoming a family feud and US dollar challenges. Revenue climbed 8% to S$1.69 billion. With ambitious divestments on the horizon and plans for a UK real estate investment trust listing, CDL remains committed to its one-third dividend payout strategy.

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Story summary

City Developments Ltd (CDL) in Singapore celebrated a 3.9% profit surge to S$91.2 million in H1 2025, overcoming a family feud and US dollar challenges. Revenue climbed 8% to S$1.69 billion. With ambitious divestments on the horizon and plans for a UK real estate investment trust listing, CDL remains committed to its one-third dividend payout strategy.