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

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

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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.

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