GuocoLand's 4Q earnings fall 42% to $141 mil on lower revenue & other income

By Michelle Zhu / The Edge Singapore | August 27, 2018 10:48 AM SGT
SINGAPORE (Aug 27): GuocoLand announced earnings of $141.2 million for the 4Q ended June, down 42% from $244.8 million a year ago on lower revenue and other income.
This brings the property developer’s earnings for FY18 to $381.3 million, which is 7% higher than the $357.2 million posted in FY17.
The group has recommended a final dividend of 7 cents per share for FY18, unchanged from a year ago.
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