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| OVERVIEW
The
CapitaLand Group posted profit after tax
and minority interests (PATMI) of about S$2.8 billion for FY2007, almost three times the S$1.0 billion recorded in FY2006. It also recorded profit before tax
(PBT) of S$3.4 billion, which is over two times FY2006. These exceptionally high
profits were achieved as a result of the sterling performance in the key markets
of Singapore, China and Australia. Besides strong profit contributions from its
core businesses, the Group
also benefitted from fair value gains on its portfolio of assets. |
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