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impairment loss
Results
GuocoLand reports 60% rise in revenue for FY2023, but 44% fall in net profit
GuocoLand reports 60% y-o-y growth in revenue in FY2023, but 44% decline in net profit on impairment and higher interest cost
August 29, 2023
Property
City Developments looks beyond Sincere
City Developments attempts to put ill fated acquisition of Sincere behind it and focus on unlocking value in Singapore
March 05, 2021
Results
City Developments reports 34% decline in 3Q earnings to $115 mil on impairment losses, lower revenue
This was partially mitigated by higher revenue contribution from the hotel operations, investment properties and others segments, which saw increases of 4.2%, 28.3% and 6.5% respectively.
November 12, 2019