CDL Investments New Zealand Limited, a subsidiary of CDL – City Developments Ltd., reported actual results for the year ended 31 December 2025, with revenue of NZ$38.117 million versus NZ$49.059 million in 2024. Profit after tax was NZ$11.066 million compared with NZ$15.381 million a year earlier, and basic and diluted earnings per share were 3.78 cents versus 5.28 cents. The company said it continued progressing its development programme amid softer residential market conditions, completing construction at Prestons Park stages in Christchurch and advancing Iona in Havelock North, while commencing earthworks for its Wairakei Road industrial development in Christchurch. It also lodged a Fast-track application for its Arataki Road development and entered into agreements to purchase additional land holdings in Havelock North and Hamilton.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CDL - City Developments Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 5N9N47CQAEV9ATYG) on February 24, 2026, and is solely responsible for the information contained therein.