Core operating earnings have not been significantly impacted City Developments expects to report a "substantial decrease" in earnings for its FY2023 ending December. Besides an absence of an exceptional gain and higher financing costs, the property company attributes the lower earnings to further impairments it is likely to make on its UK assets. "Nevertheless, the group’s overall business performance and core operating earnings have not been ...
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專欄CDL joins CLI in guiding for lower FY2023 earnings
City Developments expects to report a "substantial decrease" in earnings for its FY2023 ending December.
Besides an absence of an exceptional gain and higher financing costs, the property company attributes the lower earnings to further impairments it is likely to make on its UK assets.
"Nevertheless, the group’s overall business performance and core operating earnings have not been ...
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