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Guoco Group ( (HK:0053) ) just unveiled an announcement.
The Rank Group Plc, a subsidiary of Guoco Group Limited, has reported a strong trading performance for the year ending 30 June 2025, with a like-for-like net gaming revenue increase of 11% to approximately £795 million. The company anticipates a full-year underlying operating profit of at least £63 million, surpassing expectations despite facing regulatory challenges. The recent legalization of land-based casino reforms is expected to further enhance Rank’s operations, as they plan to expand gaming machine offerings across their Grosvenor estate in England and Wales.
More about Guoco Group
Guoco Group Limited is a diversified investment company with interests in various sectors, including property development, hospitality, and financial services. The company operates globally, with a focus on strategic investments and value creation across its portfolio. One of its subsidiaries, The Rank Group Plc, is a prominent player in the gaming and casino industry, listed on the London Stock Exchange.
Average Trading Volume: 9,315
Technical Sentiment Signal: Buy
Current Market Cap: HK$22.6B
Learn more about 0053 stock on TipRanks’ Stock Analysis page.