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Tower REIT Reports Remarkable Q4 Turnaround
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Tower REIT Reports Remarkable Q4 Turnaround

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

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Tower Real Estate Investment Trust has shown a significant turnaround in its Q4 results for the financial year ending on 30 June 2024, with revenue rising to MYR 9,704,000 from the previous year’s MYR 8,651,000. The company bounced back from a loss, reporting a profit before tax of MYR 1,623,000 compared to a MYR 20,858,000 loss in the same quarter of the previous year, and earnings per share also improved from a negative to positive.

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

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