GuocoLand reports 60% rise in revenue for FY2023, but 44% fall in net profit
GuocoLand announced a 60% y-o-y rise in its revenue for FY2023, totalling $1.54 billion. For the 12 months to June 30, the property group saw a 72% increase in revenue for 2HFY2023, reaching $882.9 million. Despite the impressive financial results, GuocoLand’s net profit fell 44% y-o-y to $268.8 million and dropped 55% to $187.4 million […]