- In its 3Q22 business update, CapitaLand Investment (SGX:9CI) continued to show operational resilience, underpinned by its fund management fee income, lodging management as well as the real estate investment business. Balance sheet remains robust with net debt to equity ratio of 0.49x as at end-3Q22, interest cover of 4.2x and strong cash and undrawn facilities of S$7.2bn.
- - Read this at SGinvestors.io -
- - Read this at SGinvestors.io -
- Read more at SGinvestors.io.
Above is the excerpt from research report by CGS-CIMB.
Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.
LOCK Mun Yee CGS-CIMB Research | https://www.cgs-cimb.com 2022-11-04
Read also CGS-CIMB's most recent report:
2023-11-10 CapitaLand Investment - Boost From Fee-related Revenue.
Previous report by CGS-CIMB:
2023-08-11 CapitaLand Investment - Biding Its Time.
Price targets by 6 other brokers at CapitaLand Investment Target Prices.
Listing of research reports at CapitaLand Investment Analyst Reports.
Relevant links:
CapitaLand Investment Share Price History,
CapitaLand Investment Announcements,
CapitaLand Investment Dividends & Corporate Actions,
CapitaLand Investment News Articles
