Yanlord's profit down 5% to $664.88m in 2019

Submitted By:  Nathanielle Punay Case Study:  No Pre-tax profit decline was blamed on decrease in gross profit and increase in finance cost. Yanlord Land Group (Yanlord) saw its net attributable profit dip 5% YoY to $664.88m (RMB3.35b) in FY2019 from $702.64m (RMB3.54b) in 2018, an SGX filing revealed. Similarly, revenue crashed 25% YoY to $3.72b (RMB18.67b) from $4.96b (RMB24.89b) over the same period. read more