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Smart Reads of the Week: OCBC, CapitaLand Investment Limited and City Developments Limited
By The Smart Investor  •  March 3, 2024
With the earnings season into its last stretch, we take deep dives into several blue-chip stocks this week. We start by reviewing the latest earnings from the last of the three Singapore banks to report – OCBC Ltd (SGX: O39). The bank pulled off a strong performance while increasing its dividend for 2023. Next, we turned our attention to CapitaLand Investment Limited (SGX: 9CI), or CLI. The property investment giant continues to build up its funds under management and saw a strong rebound for its lodging management division. Elsewhere, City Developments Limited (SGX: C09) also turned in its 2023 financial report card. The property company announced record revenue for 2023 and is advancing its GET strategy with new launches and asset enhancements. Here is a list of our top articles for this week.
  1. OCBC’s 2023 Net Profit Hit a Record S$7 Billion, Ups Dividend: 5 Highlights from the Bank’s Latest Results
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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