The company managed better performance from its fund and lodging management, higher contributions from lodging properties in most geographies, as well as better performance at its retail properties in Singapore and Malaysia with the easing Covid-19 related restrictions.
CapitaLand Investment (CLI) reported earnings of $433 million for 1FY2022, down 38% y-o-y as the company booked lower portfolio gains.
Operating earnings, meanwhile, was up 31% y-o-y to $346 million, with stronger contribution from its fee income-related business.
