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Guocoleisure Q2 profit up 8% at US$14.8m

Singapore

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...

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