GuocoLand reports 60% rise in revenue for FY2023, but 44% fall in net profit
GuocoLand reported a 60% year-on-year (y-o-y) rise in revenue of $1.54 billion for FY 2023 for the 12 months to June 30. For 2HFY 2023, revenue of the Group increased by 72% to a total of $882.9 million. Despite the high revenue growth, higher interest cost and impairment charge of $46.9 million caused net profit […]