Guocoleisure Q2 profit up 8% at US$14.8m


GUOCOLEISURE posted a net profit of US$14.8 million for the second quarter ended December 2014, up 8 per cent from US$13.7 million a year ago.

The diversified investment's revenue over the period slipped 6.7 per cent to US$99.6 million over the quarter due to lower contribution from the gaming and property segments.

Guocoleisure manages hotels in the UK and Malaysia and operates a gaming division in London's Clermont Club. It also owns properties and has an oil and gas division where it earns...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to