GUOCO Group Reports 11.07% Annual Profit Decline at Its Property Arm, with Revenue Down 25.17%

Stock News
Aug 28

GUOCO GROUP (00053) has announced the annual results of its property subsidiary, GuocoLand, for the fiscal year ended 30 June 2026. The property arm recorded revenue of S$1.434 billion, reflecting a decrease of 25.17% compared to the previous year.

The company's profit attributable to shareholders stood at S$95.199 million, marking a year-on-year reduction of 11.07%. This performance underscores the challenging market conditions faced by the group's real estate operations during the period.

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