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CDL 1H26 PATMI rises to S$301.6 million; revenue climbs to S$2.7 billion
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CDL 1H26 PATMI rises to S$301.6 million; revenue climbs to S$2.7 billion
  • CDL revenue rose 58.82% to S$2.7 billion for 1H 2026; PATMI more than doubled to S$301.6 million.
  • Pre-tax profit climbed to S$403.8 million; property development revenue jumped 166.8% on Lumina Grand TOP and Newport Residences launch.
  • Hotel operations swung to a pre-tax profit of S$42 million from a pre-tax loss; segment revenue increased 6.4% as RevPAR rose 4.9%.
  • Interim dividend declared at 6 Singapore cents a share; cash reserves stood at S$2 billion and net gearing was 75%.
  • Strategic review outcome remains on track for end-September 2026, outlining future strategy, capital allocation framework, and implementation roadmap.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CDL - City Developments Ltd. published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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