CapitaLand India Trust (SGX:CY6U) First Half 2024 Results
Key Financial Results
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Revenue: S$136.1m (up 23% from 1H 2023).
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Net income: S$57.9m (up 129% from 1H 2023).
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Profit margin: 43% (up from 23% in 1H 2023).
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EPS: S$0.043 (up from S$0.022 in 1H 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CapitaLand India Trust Earnings Insights
Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 1.5% growth forecast for the Real Estate industry in Singapore.
Performance of the Singaporean Real Estate industry.
The company's shares are up 5.8% from a week ago.
Risk Analysis
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with CapitaLand India Trust (at least 1 which doesn't sit too well with us), and understanding them should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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