CapitaLand’s net profit falls 89% in the first half of 2020

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SINGAPORE: Real estate group CapitaLand reported an 89 per cent drop in its net profit in the first half of the year, due to the impact of the COVID-19 pandemic. CapitaLand’s profit after taxes and minority interests (PATMI) for 1H 2020 was S$96.6 million, down from S$875.4 million in the same …