Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
An update from City Developments ( (SG:C09) ) is now available.
CDL Investments New Zealand Limited reported a substantial increase in revenue for the year ended December 31, 2024, with total revenue of $49.1 million, up from $30.8 million in the previous year. This growth was primarily driven by a significant rise in property sales. The company’s profit before tax rose to $26.8 million, reflecting a strong performance compared to $18.7 million in 2023, despite increased income tax expenses. The improved financial results highlight the company’s strong market positioning and operational efficiency.
More about City Developments
CDL Investments New Zealand Limited operates in the real estate industry, focusing on property sales and rental income as its primary sources of revenue.
YTD Price Performance: 0.27%
Average Trading Volume: 100
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.4B
See more insights into C09 stock on TipRanks’ Stock Analysis page.
