GuocoLand Limited (SG:F17) has released an update.
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GuocoLand Malaysia Berhad reported a significant drop in its Q1 2025 financial results, with revenue and profit before tax nearly halving compared to the same period last year. Revenue for the quarter ended September 30, 2024, was MYR 60.3 million, while profit before tax was MYR 5.5 million. Despite the downturn, the net assets per share saw a slight increase, indicating some resilience in the company’s financial structure.
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