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CapitaLand Investment, a global real asset manager, announced strong financial performance for the first half of the year. The company's operating profit after tax and minority interests increased by 13 percent year-on-year, reaching S$293 million. This growth was primarily fueled by higher fee income from its listed and private fund management platforms.
Additionally, net profit attributable to shareholders expanded by 14 percent year-on-year, amounting to S$327 million. A significant factor contributing to this surge was the 20 percent rise in fee income from listed and private funds, which reached S$687 million in the first half. The company's success is not limited to Singapore; Singapore is actively participating in international data center ventures, particularly in Vietnam.
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