GuocoLand reports 60% rise in revenue for FY2023, but 44% fall in net profit
According to its FY2023 results, GuocoLand reported a 60% year-on-year increase in revenue of $1.54 billion for the 12 months to June 30. The Group’s revenue for 2H2023 increased by 72% to $882.9 million. However, net profit fell by 44% year-on-year to $268.8 million, due to a 59% year-on-year increase in interest cost to $149.7 […]