Goodland Group swings into net loss in 1HFY2024

The Edge Singapore 05-15

Goodland Group swings into net loss as revenue halves due to lumpy property development Goodland Group reported a net loss of $5.3 million for the six months to March 31, its FY2024, as revenue halved...

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Property development revenue fell sharply compared to the same period a year ago. The company operates three main segments: property development, consturction and property investment. Despite a poor showing in the P&L statement both operating and free cash flow were positive in 1HFY2024. \nGoodland's share price ended at at 15 cents on May 15, compared to its net asset value of 50.49 cents.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.5","shortVersion":"4.22.5","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2435694108"}