Property and hotels group City Developments Ltd has posted net profit of $193.6 million for the third quarter ended Sept 30, 2009, an increase of 28.4 per cent from the $150.8 million net earnings in the same year-ago period.
In the first nine months of this year, CDL’s net earnings slipped 13.3 per cent year on year to $416.75 million.
Source: Business Times, 12 Nov 2009
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