CDX Simplify High Yield Plus Credit Hedge ETF

23.12

0.08 (0.35%)

02 Jul 2024 - Closed

Delayed by 15 minutes

Name	Symbol	Market	Type
Simplify High Yield Plus Credit Hedge ETF	AMEX:CDX	AMEX	Exchange Traded Fund

	Price Change	% Change	Price	High Price	Low Price	Open Price	Traded	Last Trade
	0.08	0.35%	23.12	23.12	22.82	22.82	29,619	21:00:07

City Developments Fourth Quarter Profit Rises to Record High; Warns of 'Headwinds'

16/02/2015 3:27am

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   By Gaurav Raghuvanshi

SINGAPORE--City Developments Ltd. (C09.SG) on Monday reported its highest ever quarterly net profit as it sold more houses in the fourth quarter. However, the Singapore developer warned of "headwinds" in the local real-estate market.

Net profit in the October-to-December quarter rose 73% to 385 million Singapore dollars (US$284 million) from S$222 million in the same period a year earlier. Revenue rose 7.4% to S$847 million, City Developments said in a statement to Singapore Exchange, where it is listed.

City Developments said property development was the main contributor to its income. Despite tough market conditions, the company and its associates sold 1,378 units valued at about S$1.4 billion, it said.

Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@wsj.com

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