Corporate digest

Published Thu, Oct 25, 2018 · 09:50 PM

GuocoLand

DEVELOPER GuocoLand's first-quarter earnings took a tumble on a fall in revenue and a lower share of profit from a joint venture, according to unaudited results released on Thursday.

Net profit was S$26.2 million for the three months to Sept 30, down by 85 per cent from the previous year, while revenue slid by 54 per cent to S$168 million.