In a Thursday report, analyst Derrick Heng notes that the group’s earnings continue to be driven by an active portfolio reconstitution and fair value gains, having reported what he deems a solid 89% increase in headline net profit for the first half of 2017.
SINGAPORE (Aug 3): Maybank Kim Eng Research is keeping its “hold” call on CapitaLand with an unchanged price target of $3.75 after the real estate group this morning posted its set of financial results for 2Q17, which was overall in line with the research house’s expectations.
