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City Developments ( (SG:C09) ) just unveiled an update.
CDL Investments New Zealand Limited, along with its subsidiary, reported its financial performance for the half-year ending June 30, 2025. The company experienced a decline in property sales revenue from the previous year, resulting in a decrease in total revenue. Despite this, the company achieved a higher net profit due to a significant reduction in income tax expenses. This financial outcome indicates a positive shift in profitability, which may influence investor confidence and market positioning.
The most recent analyst rating on (SG:C09) stock is a Hold with a S$4.60 price target. To see the full list of analyst forecasts on City Developments stock, see the SG:C09 Stock Forecast page.
More about City Developments
Average Trading Volume: 2,321,896
Technical Sentiment Signal: Buy
Current Market Cap: S$5.76B
See more data about C09 stock on TipRanks’ Stock Analysis page.