City Developments - UOB Kay Hian 2023-02-24: Record Earnings Bolstered By Sale Of The Millennium Hilton Seoul

City Developments - Record Earnings Bolstered By Sale Of The Millennium Hilton Seoul

Published:
CITY DEVELOPMENTS LIMITED (SGX:C09) | SGinvestors.ioCITY DEVELOPMENTS LIMITED (SGX:C09)
  • - Read this at SGinvestors.io -
  • Singapore property development (Amber Park, Haus on Handy and Irwell Hill Residences) remained the biggest contributor, accounting for 42% of City Developments's 2022 revenue.
  • Final write-off of Sincere

    • - Read this at SGinvestors.io -

    Hotel operations displayed strength as expected.

    • Read more at SGinvestors.io.




    Above is the excerpt from report by UOB Kay Hian Research.
    Clients of UOB Kay Hian may be the first to access the full report in PDF @ https://www.utrade.com.sg/.




    Adrian LOH UOB Kay Hian Research | https://research.uobkayhian.com/ 2023-02-24



    Read also UOB's most recent report:
    2024-02-29 City Developments - Better-Than-Expected 2023 Results.

    Previous report by UOB:
    2023-08-11 City Developments - Strong 1H23 EBITDA Growth Overshadowed By Financing Costs & One-Off Items.

    Price targets by 4 other brokers at City Developments Target Prices.

    Listing of research reports at City Developments Analyst Reports.

    Relevant links:
    City Developments Share Price History,
    City Developments Announcements,
    City Developments Dividends & Corporate Actions,
    City Developments News Articles





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