You are here

GLP sees longer-term benefit from Chinese investment

Earnings down 12% in first quarter due to a host of factors
Wednesday, August 6, 2014 - 06:00

GLOBAL Logistic Properties (GLP) registered a 12 per cent drop in net profit to US$179.4 million for its first quarter ended June 30, while revenue rose 18 per cent to US$169.3 million. The revenue of the logistics facility provider, 36 per cent owned by Singapore's GIC, rose on the back of

Powered by GET.comGetCom