| PROFIT AND LOSS | FY 2017 AUDITED (US $M) |
FY 2016 AUDITED (US $M) |
| Revenues | 350.2 | 393.9 |
| Cost Of Sales | 139.7 | 166.4 |
| EBITDA | 99.6 | 111.5 |
| Profit after Tax | 49.0 | 67.6 |
GL Limited is committed to high standards of corporate governance.
The Board firmly believes that the professionalism, integrity and commitment of its Board members and employees, supported by a rigorous system of policies and internal controls, creates long term value and maximises returns for shareholders.
The Group has adopted corporate governance practices which are substantially in line with the principles and guidelines of the revised Singapore Code of Corporate Governance issued by the Monetary Authority of Singapore on 2nd May 2012.