Earnings Alerts

Capitaland Integrated Commercial Trust (CICT) Earnings: Strong 1H Performance with S$579.9 Million Net Property Income and Unit Acquisition Strategy

  • CapitaLand Integrated Commercial Trust reported a half-year distribution per unit of S$0.0562.
  • The trust achieved a net property income of S$579.9 million.
  • Income available for distribution totaled S$411.9 million for the half-year.
  • Gross revenue for the first half of the year was S$787.6 million.
  • CapitaLand Integrated Commercial Trust has acquired 45% interest from CapitaLand Development and 10% from Mitsubishi Estate Co. in CapitaSpring’s premium Grade A office tower.
  • Analyst recommendations include 14 buys and 3 holds, with no sell ratings.

A look at Capitaland Integrated Commercial Trust Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts at Smartkarma have assessed Capitaland Integrated Commercial Trust and assigned it a promising overall outlook based on the Smart Scores methodology. With strong scores in Dividend, Growth, Resilience, and Momentum, the company is positioned well for the long term. Operating as a retail estate investment trust, Capitaland Integrated Commercial Trust focuses on retail and office properties in integrated developments, catering to clients in the Asia Pacific region.

The company’s impressive scores in Dividend, Growth, Resilience, and Momentum indicate a positive trajectory for Capitaland Integrated Commercial Trust. Investors interested in a solid combination of value, dividend income, growth potential, and market momentum may find this company attractive for their long-term investment portfolio.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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