Earnings Alerts

CapitaLand Investment /Sing (CLI) Earnings: 1H Net Income Soars to S$331M on S$1.37B Revenue

  • CapitaLand Investment reported a net income of S$331 million for the first half of 2024.
  • The company’s revenue for the same period reached S$1.37 billion.
  • There were 15 “buy” ratings for CapitaLand Investment, with no “holds” or “sells.”
  • A conference call is scheduled for 9 a.m. Singapore time on August 13, 2024.
  • Interested parties can join the conference call using the provided dial-in number and password.

CapitaLand Investment /Sing on Smartkarma

Analysts on Smartkarma, such as Jacob Cheng, are bullish on CapitaLand Investment (CLI), a leading global real estate (RE) investment manager with a strong presence in Asia. CLI generates fee income and invests in real estate across various asset classes. The company, with funds under management of approximately S$100 billion, focuses on core markets like Singapore, China, and India. Despite challenges in China, CLI reported solid FY2023 results and is poised for growth with an attractive valuation and potential catalysts ahead.


A look at CapitaLand Investment /Sing Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth2
Resilience2
Momentum2
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

CapitaLand Investment Limited (CLI) is positioned with a decent outlook for the long term. Based on the Smartkarma Smart Scores, the company received a commendable score of 4 in Dividend, indicating a strong performance in rewarding its investors. While the Growth, Resilience, and Momentum scores are at 2, suggesting room for improvement in these areas, the Value score of 3 reflects a fair valuation compared to its peers. Overall, the company seems to be offering investors a good dividend yield and shows potential for enhancing growth, resilience, and momentum in the future.

CLI, a global real estate investment manager, is focused on expanding its Assets Under Management (AUM) and boosting fee-related earnings through its diverse investment management and operational capabilities. The company’s diversified portfolio covering integrated developments, retail, office, lodging, and new economy assets, either owned or managed directly or via its fund management platform, positions it well in the market. With an encouraging Dividend score of 4, CapitaLand Investment Limited shows promise in offering attractive returns to its investors while aiming for growth and resilience in the dynamic real estate sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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