3Q18 revenue rose 9% to US$74.3 million, from US$67.9 million a year ago, due mainly to the strengthening of the British pound and Australian dollar against the US dollar.
SINGAPORE (Apr 27): GL Limited, formerly known as GuocoLeisure, saw its earnings jump more than five-fold to US$24.0 million ($31.8 million) for the 3Q ended March, from US$4.4 million a year ago.
This was mainly due to other operating income of US$28.1 million due to compensation from the compulsory acquisition of one hotel property and a recovery of legacy loan which has been written off previously.
