Entries by tengahec

GuocoLand reports 1HFY2023 earnings of $59 million

GuocoLand reported a 46% y-o-y increase in revenue to $605.3 million for 1HFY2023 ended Dec 2022, driven by higher contributions from its development, investment and hotel businesses. Earnings for the same period was down 12% y-o-y to $59 million. If the one-off disposal gain of $14.3 million booked in preceding period’s 1HFY2022 was excluded, GuocoLand […]