City Developments: FY2018 Revenue & PATMI Up 10.3% & 6.7% To S$4.2 Billion & S$557.3 Million.

21 Feb 2019 11:06

EBITDA increased 12.4% to S$1.2 billion for FY 2018. Sold 1,113 residential units in Singapore with sales value of S$2.2 billion in 2018. Sold 259 residential units and 18 villas in China with sales value of RMB 1.3 billion (S$269 million) in 2018. Expanded recurring income streams through strategic acquisitions and asset enhancement initiatives. Proposes higher dividends totalling 20 cents per share for 2018 (2017: 18 cents)...

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