Apr 20, 2017

GuocoLand Chart with Support and resistance

The core business of the Group comprises
1. Property development,
2. Property investment,
3. Property management and
4. Property-related activities.
 The Group is currently undertaking various projects in its embedded markets of Singapore, China, Malaysia and Vietnam, which comprise residential, office, hospitality, commercial and retail facilities.
GuocoLand's major shareholder is Guoco Group Limited ("Guoco") which is listed on The Hong Kong Stock Exchange. Guoco Group Limited is, in turn, a member of the Hong Leong Group Malaysia, a leading conglomerate based in Malaysia with diversified businesses in property development and investment, financial services, manufacturing and distribution and hospitality and leisure.

20 Apr 2017



Oct 2016 (ExDate: 28Oct16, Div 0.09)
Revenue fell 54% to $202.8 million. The lower revenue was mainly due to the absence of contribution from the sale of an office block in Shanghai Guoson Centre in the previous corresponding quarter. 
1Q Profit fall 95% to $25.6 million from $516.5 million a year ago on lower revenue and absence of one-off gain. Gross profit declined by 70% due to the fall in revenue and lower gross margin arising from change in sales mix in the two periods of review.

Jan 2017

Apr 2017
Revenue for the 3Q ended March increased by 63% to $271.1 million while gross profit increased by 28% to $63.2 million.
3Q earnings more than double to $29.6 million from $11.3 million a year ago.




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