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CapitaLand Mall Trust (SG:C38U)
:C38U
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.05Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 05, 2025
|% Change Since: 4.32%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong operational performance and strategic asset management resulting in positive rental reversions and high occupancy rates. However, challenges in overseas asset valuations, debt refinancing, and rising operational costs were notable concerns. The sentiment reflects a balanced outlook with strategic plans for sustainable growth.Company Guidance
During the CapitaLand Integrated Commercial Trust (CICT) FY 2023 Results Briefing, several key performance metrics and strategic initiatives for 2024 were highlighted. Notably, CICT achieved a portfolio occupancy rate of 97.3% and a positive rental reversion of 8.5% in 2023. Looking ahead, CICT plans to focus on revenue protection through proactive lease management and cost control, including reducing utility costs and restructuring property management agreements. Additionally, CICT is exploring new revenue streams with the completion of Clarke Quay and plans to upgrade IMM as a key regional outlet mall, already securing 70% pre-commitment in the AEI space. Financially, CICT maintained an average debt cost that increased slightly by 10 basis points, with a strategic focus on cash management and refinancing $1.5 billion of debt due in 2024. The trust plans to carefully manage gearing, ideally bringing it down to 37-38%, while also exploring potential divestments and acquisitions to optimize its portfolio.Strong Portfolio Occupancy
Portfolio occupancy increased to 97.3%, with high tenant retention and rental reversion.
Positive Rental Reversion
Retail rental reversion was positive at 8.5% for 2023, with good demand from retailers.
Successful Portfolio Reconstitution
Completion of acquisitions and asset enhancements led to stable operating metrics and valuation uplift in Singapore.
Debt Management and Cost Control
Average cost of debt increased by only 10 basis points due to active cash management and refinancing strategies.
Strategic Asset Enhancements
Upgrade of IMM mall with 70% pre-commitment and plans for further assets enhancements in Singapore and overseas.
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SG:C38U Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SG:C38U Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 05, 2025 | S$1.90 | S$1.91 | +0.47% |
| Nov 05, 2024 | S$2.01 | S$1.99 | -1.00% |
| Aug 13, 2024 | S$1.99 | S$1.99 | 0.00% |
| Apr 25, 2024 | S$1.86 | S$1.86 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does CapitaLand Mall Trust (SG:C38U) report earnings?
CapitaLand Mall Trust (SG:C38U) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is CapitaLand Mall Trust (SG:C38U) earnings time?
CapitaLand Mall Trust (SG:C38U) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of CapitaLand Mall Trust stock?
The P/E ratio of CapitaLand Mall is N/A.
What is SG:C38U EPS forecast?
Currently, no data Available
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