CDL Investments has reported a profit after tax of $15.4 million for the year ended Dec 31, 2024, up from $13.5m in 2023.

The company's profit before tax also increased to $26.8m, compared to $18.7m in the previous year.

This growth in profitability was attributed to higher property sales and other income, which reached $49.1m.

CDL Investments' shareholders' funds increased to $319.6m, while total assets rose to $328.6m.

The market value of the company's property holdings was $422.8m, up from $412.6m in 2023.

CDL Investments maintained its ordinary dividend at 3.5 cents per share.

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