tiprankstipranks
Guoco Group’s Subsidiary, Rank Group, Posts Strong Financial Performance
Company Announcements

Guoco Group’s Subsidiary, Rank Group, Posts Strong Financial Performance

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

The latest update is out from Guoco Group ( (HK:0053) ).

Guoco Group has announced the unaudited financial results of its subsidiary, The Rank Group Plc, for the six months ending December 31, 2024. Rank Group reported a revenue increase to £401.8 million from £362.6 million in the same period of the previous year, with a profit before taxation of £34.7 million. The board of directors declared an interim dividend of 0.65p per share for this period, highlighting a positive financial performance compared to the previous year.

More about Guoco Group

Guoco Group Limited is a diversified investment company with a focus on financial services. One of its subsidiaries, The Rank Group Plc, is listed on the London Stock Exchange and operates in the entertainment and gaming industry.

YTD Price Performance: -2.08%

Average Trading Volume: 1,000

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $2.93B

See more data about 0053 stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App