GLP 3Q FY18 Earnings Up 64%; Continued Growth in Fund Mgt Platform
GLP reported a 64% increase in earnings (PATMI) for the three months ended 31 December 2015. Results were underpinned by higher earnings in China, development gains in Japan and GLP’s entry into the US market.
GLP has signed new agreements totaling 65,000 sqm (700,000 sq ft) with four industry leaders in six locations across China. All the new agreements are signed with existing customers.