GuocoLand Limited (SG:F17) has released an update.
GuocoLand Malaysia reports a decline in quarterly profit with Q3 2024 figures showing revenue at 88.967 million MYR, down from 112.363 million MYR in the same quarter the previous year. Profits before tax have also decreased to 3.125 million MYR from 12.065 million MYR in the preceding year’s comparable quarter. Despite the downturn, the company maintains a steady net asset value per share at 1.9966 MYR.
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