CDL Shares Surge 11.2% on Strong H1 Earnings, Doubling of Interim Dividend

Cdl first-half profit triples on strong residential sales

City Developments Limited triples first-half profit to $300 million driven by strong residential sales and a growing Singapore property pipeline. Read more at straitstimes.com.

CDL H1 profit triples to $302m on property, hotel rebound

City Developments Limited tripled its net attributable profit after tax and minority interest to $301.6m for the first half.

CDL shares surge 11.2% on strong H1 earnings, doubling of interim dividend

Its net profit for the first half jumps from S$91.2 million previously to S$301.6 million Read more at The Business Times.

CDL property development revenue jumps in 1H2026 on Lumina Grand EC; to launch Lucerne Grand in October

City Developments Ltd (CDL) saw group revenue climbing 61.1% y-o-y to $2.72 billion for the first half of this year, with property development continuing to be the largest contributor though all its business segments recorded higher revenue. Overall, net attributable profit after tax and minority interest (Patmi) roughly tripled to $301.6 million for the half year ended June 30, 2026, up from $91.2 million in 1H2026. The property development seg…