Guoco Group Lifts Interim Dividend as Shareholder Profit Rises Despite Weaker Operations
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Guoco Group (HK:0053) announced a 17% increase in its interim dividend to HK$0.70 per share, despite a 10% decline in turnover to HK$11.89 billion and a 38% drop in operating profit to HK$1.31 billion for the six months ending December 31, 2025. Net profit attributable to shareholders rose 13% to HK$2.03 billion, aided by contributions from associates and joint ventures. The company's equity per share increased by 2% to HK$212.74, reflecting a modest strengthening of its balance sheet. Analysts rate the stock as a Buy with a target price of HK$82.00.
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