BREAKING:

The Group's latest financial results show a significant shift in performance, moving from a pre-tax loss to a profit for the full year, attributed partly to lower administrative costs and higher margins on sold development property. While top-line revenue saw a decrease, gains from investment properties provided operational support. The Group maintains a cautiously optimistic stance, focusing on strategic project delivery within a climate of rising private residential property prices in Singapore and moderate growth expectations in Malaysia.

• Discover the shift from a full-year loss to a profit before taxation, boosted by better margins and reduced administrative expenses

• Uncover how investment properties expanded during the period, driven by fair value gains and the strategic transfer of properties

• Explore the cautiously optimistic strategy focusing on timely project delivery and selective future developments in anticipation of stable regional property market growth

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BREAKING:

Goodland Group is navigating a period of macroeconomic uncertainties and rising input costs, which is influencing a cautious and prudent strategic approach. The company's strategy is significantly shaped by diverse regional property market trends, including a more sustainable pace of growth in Singapore, anticipated moderate growth in Malaysia driven by specific industry influxes, and increased demand across various property sectors in Cambodia due to infrastructure improvements and foreign investment. The Group's focus is on prudent capital deployment, timely project delivery, and strict cost controls, while cautiously exploring growth opportunities.

• Discover how Goodland Group is strategically adapting to a challenging global economic landscape, prioritising financial prudence
• Uncover the contrasting dynamics across key regional property markets, from a more sustainable trend in Singapore to burgeoning opportunities in Malaysia and Cambodia
• Learn about the key operational shifts Goodland Group is implementing to navigate uncertainties while carefully pursuing growth

There will be an AGM on

Event dates:

For more information, click here: GOODLAND GROUP LIMITED 2024 AGM