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The latest update is out from Guoco Group ( (HK:0053) ).
Guoco Group Limited announced a trading update for its subsidiary, The Rank Group Plc, highlighting an 11% growth in like-for-like Net Gaming Revenue to approximately £795 million for the year ending 30 June 2025. The Rank Group expects to report a full-year underlying operating profit of at least £63 million, surpassing expectations despite facing cost and regulatory challenges. The company is poised for further growth with upcoming land-based casino reforms in England and Wales, which will allow for the expansion of gaming machines across its Grosvenor estate.
More about Guoco Group
Guoco Group Limited is a diversified company with a focus on investment and operations in various sectors, including gaming and leisure. One of its subsidiaries, The Rank Group Plc, is listed on the London Stock Exchange and operates in the gaming industry, providing casino and gaming services.
Average Trading Volume: 9,315
Technical Sentiment Signal: Buy
Current Market Cap: HK$22.6B
Find detailed analytics on 0053 stock on TipRanks’ Stock Analysis page.