Guoco Group's Singapore Subsidiary Logs 13% Higher Attributable Profit for H2 2024

MT Newswires Live

2025/02/10

Guoco Group (HKG:0053) said its subsidiary GuocoLand (SGX:F17) recorded a profit attributable to equity holders of SG$74.6 million for the six months ended Dec. 31, 2024, 13% higher than SG$66.2 million logged for the same period a year ago, a Monday bourse filing said.

The said subsidiary booked earnings of SG$0586 per share for the reporting period, compared with SG$0511 per share recorded for the period in 2023.

GuocoLand saw a revenue of SG$1.01 billion for the six months, 5% lower than SG$1.07 billion from a year ago.

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