Get our introductory offer at only
$0
.99*/month
Cancel anytime
*$0.99/month for first 3 months
$29.90/month for the next 9 months
You are here
GLP posts 61.7% jump in Q4 profit on higher asset values
But core earnings dropped 5%, as GLP's stake in its second US portfolio was pared down in Q2
Singapore
GLOBAL Logistic Properties (GLP) reported a 61.7 per cent jump in net profit for the fourth quarter ended March 31, 2017, to US$247 million, fuelled by higher asset values in Japan, US and Brazil.
This brought its full fiscal-year earnings to a record US$794 million,
To continue reading
Need help?
CALL +65 6388 3838 EMAIL btocs@sph.com.sg
