Wolf Money(Comfortdelgro 1H22 result)

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Comfortdelgro just released result for 1H22(result announcement came within the day, no late nite announcement for ghost 👻). I didn’t have the time to go through the report in detail. Below were the key points.

* Profit came in at 118.7m including a 30.5m gain on uk property disposal.

* If you strip out the gain the core earning is around 88m. 

* Total 4.26c dividend is declared with 2.85c interim dividend and special dividend of 1.41c.

*Company remain net cash at 600m

*Taxi segment recovery underway

* China continue to be weak but remain profitable. 

Sgx announcement 

https://links.sgx.com/FileOpen/CDG%20-%20Media%20Release%20-%20Financial%20Results%20for%20Q2FY2022.ashx?App=Announcement&FileID=728278


More commentary during month end portfolio update. 

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https://t.me/joinchat/oCgkD3sQFRMzMWM1



Disclaimers 

All investments is highly speculative in nature and involves substantial risk of loss. We encourage our reader to invest very carefully. We also encourage reader to get personal advice from your professional investment advisor and to make independent investigations before acting on information that we publish. Much of our information is derived directly from information published by companies or submitted to governmental agencies on which we believe are reliable but are without our independent verification. Therefore, we cannot assure you that the information is accurate or complete. We do not in any way whatsoever warrant or guarantee the success of any action you take in reliance on our statements. All information provided are for information only. Buyer beware,do you own due diligence.

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