GuocoLand Limited reported unaudited consolidated earnings results for the second quarter and six months ended December 31, 2016. For the quarter, the company reported profit from operations of MYR 7,426,000 against loss of MYR 1,833,000 for the same period of last year. Profit before tax was MYR 112,538,000 against loss of MYR 6,569,000 for the same period of last year. Profit attributable to owners of the parent was MYR 110,811,000 or 16.542 sen per basic and diluted share against loss of MYR 7,479,000 or 1.116 sen per basic and diluted share for the same period of last year. Revenue was MYR 44,628,000 against MYR 36,006,000 for the same period of last year. The increase in revenue was mainly due to the higher contribution from the residential project in Damansara City, commercial projects in PJ City and Old Klang Road. For the year, the company reported Profit from operations of MYR 16,556,000 against MYR 25,721,000 for the same period of last year. Profit before tax was MYR 114,230,000 against MYR 18,072,000 for the same period of last year. Profit attributable to owners of the parent was MYR 111,076,000 or 16.581 sen per basic and diluted share against MYR 13,853,000 or 2.068 sen per basic and diluted share for the same period of last year. Revenue was MYR 98,154,000 against MYR 106,812,000 for the same period of last year. Net cash used in operating activities was MYR 44,117,000 against MYR 64,317,000 for the same period of last year. Acquisition of property, plant and equipment was MYR 19,117,000 against MYR 17,755,000 for the same period of last year.