Temasek-Backed CapitaLand’s Profit Dives 70% on China Woes

CapitaLand Investment Ltd.’s shares fell 3.5% after the Singapore-based property asset manager posted a sharp drop in earnings, with valuation losses in one of its largest markets, China, still weighing on its profit.

The firm, majority-owned by Singapore state investor Temasek Holdings Pte, saw its net income for 2025 slump 70% to S$145 million ($115 million). The results, unveiled on Wednesday, came significantly below the S$663 million average estimate of analysts compiled by Bloomberg. Revenue fell 24% to S$2.1 billion, largely matching the average analyst estimate.