City Developments Full Year 2024 Earnings: Misses Expectations [Yahoo! Finance]

CITY DEVELOPMENTS S/ADR (CDEVY)
NASDAQ:AMEX Investor Relations:
ir.cdl.com.sg
Company Research
Source: Yahoo! Finance
Net income: S$190.8m (down 37% from FY 2023). Profit margin: 5.8% (down from 6.2% in FY 2023). EPS: S$0.21 (down from S$0.34 in FY 2023). SGX:C09 Revenue and Expenses Breakdown March 3rd 2025 All figures shown in the chart above are for the trailing 12 month (TTM) period City Developments Revenues and Earnings Miss Expectations Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 35%. The primary driver behind last 12 months revenue was the Hotel Operations segment contributing a total revenue of S$1.62b (50% of total revenue). Notably, cost of sales worth S$1.81b amounted to 55% of total revenue thereby underscoring the impact on earnings. The largest operating expen
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News
- Property Billionaire Kwek Leng Beng Drops Case Against Son, Keeps City Developments Roles [Forbes]Forbes
- Billionaire’s Adviser At The Center Of Singapore Property Giant’s Boardroom Battle Resigns [Forbes]Forbes
- Shares Of Singapore Property Giant Slump Amid Father-Son Battle For Control [Forbes]Forbes
- Singapore billionaire's son denies board coup, blames aide [Fortune]Fortune
- Singapore Billionaire's Scion Denies Board Coup, Blames Aide [Yahoo! Finance Canada]Yahoo! Finance Canada