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GL Limited records five-fold surge in 3Q earnings to US$24 mil on one-off gains
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.
April 27, 2018
Results
GL Limited 1Q earnings up 58% to $23.6 mil on absence of one-off provision
SINGAPORE (Oct 19): GL Limited, formerly known as GuocoLeisure, reported a 58% increase in earnings to US$17.4 million ($23.6 million) for the 1Q ended September, from US$11.0 million a year ago.
October 19, 2017
Broker's Calls
GL kept at ‘buy’ from Lim & Tan as sale of loss-making assets could have upside potential
SINGAPORE (Oct 16): Lim & Tan Securities is maintaining its “buy” recommendation on GL given its undemanding gearing ratio, attractive discount to its asset value, and potential upside from its sale of loss-making assets.
October 16, 2017
Results
GL Limited reports 28% fall in FY17 earnings to $66.4 mil as sales fall across the board
SINGAPORE (Aug 25): GL Limited, formerly known as GuocoLeisure, reported a 28% fall in FY17 earnings to US$49 million ($66.4 million) from US$67.6 million a year ago.
August 25, 2017