Tower REIT Reports Strong Profit Growth for Q1
Company Announcements

Tower REIT Reports Strong Profit Growth for Q1

GuocoLand Limited (SG:F17) has released an update.

Tower Real Estate Investment Trust reported a significant increase in profit for Q1, ending September 2024, with a leap from MYR 282,000 to MYR 1.979 million year-on-year, highlighting robust performance despite no dividend declaration. Revenue also grew from MYR 9.054 million to MYR 10.058 million, signaling positive momentum in their financial operations.

For further insights into SG:F17 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskGuocoLand Malaysia Sees Revenue and Profit Dip
TipRanks Singapore Auto-Generated NewsdeskGuocoLand’s S$200 Million Notes to Hit SGX
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App