Retail in Asia

In Shops

CapitaMalls Asia’s Q1 net profit up 9.6pc

CapitaMalls Asia Limited, a Singapore-based shopping centre developer and operator, on Thursday posted net profit of SGD73.2 million (SGD59.1m) for the first quarter ended on 31 March 2013, up 9.6 percent from SGD66.8m a year ago.