In addition, the bottom line was helped by the sale of the Thistle Johor Bahru hotel in Malaysia, and also lower financing costs.
GuocoLand's revenue for 1HFY2026 is down 22% y-o-y to $791.9 million, due to the timing of progressive recognition of revenue from its residential developments in Singapore.
However, with a bigger share of contributions from its associates and joint ventures, earnings for the same half year ended Dec 2025 was up 14% to $85.4 million.
