SINGAPORE (Aug 27): GuocoLand announced earnings of $141.2 million for the 4Q ended June, down 42% from $244.8 million a year ago on lower revenue and other income.

This brings the property developer’s earnings for FY18 to $381.3 million, which is 7% higher than the $357.2 million posted in FY17.

The group has recommended a final dividend of 7 cents per share for FY18, unchanged from a year ago.

Read more on The Edge Singapore.