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CapitaLand Investment Limited ( (SG:9CI) ) has shared an announcement.
CapitaLand India Trust has reported a strong financial performance for FY 2024, with a 6% increase in distribution per unit year-on-year. The company’s net property income grew by 14% and the net asset value per unit rose by 19%. This growth is partly attributed to the anticipated revenue contribution from data centers beginning in the second quarter of 2025, which signifies a strategic diversification in its income streams. These positive financial results highlight CapitaLand’s robust positioning within its industry and signal potential benefits for stakeholders due to its expanding asset base and income diversification.
More about CapitaLand Investment Limited
YTD Price Performance: -6.87%
Average Trading Volume: 9,209,166
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$12.5B
For detailed information about 9CI stock, go to TipRanks’ Stock Analysis page.
