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GLP's Q1 earnings jump 49.4%

It says its results were also underpinned by expansion of its fund management platform

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Global Logistic Properties (GLP) on Friday reported a 49.4 per cent rise in its net profit for the first quarter ended June 30, 2015, as its share of results in joint ventures and higher asset values bolstered its bottom line.

Singapore

GLOBAL Logistic Properties (GLP) on Friday reported a 49.4 per cent rise in its net profit for the first quarter ended June 30, 2015, as its share of results in joint ventures and higher asset values bolstered its bottom line.

GLP recorded net profit of US$268.1 million...

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