This came on the back of higher financing costs, lower fair value gains of investment properties, and the challenging market in China.
GuocoLand Limited has reported earnings of $129 million for FY2024 ended June 30, down 38% y-o-y from $207 million in the previous financial year.
Conversely, operating profit increased 13% y-o-y to $320 million for FY2024.
