Picture of Guoco logo

53 — Guoco News Story

0.000.00%
hk flag iconLast trade - 00:00
FinancialsBalancedMid CapContrarian

Brief: Guoco Group HY profit attributable HK$3.05 bln

Feb 28 (Reuters) - Guoco Group Ltd  0053.HK : 
    * HY profit attributable to equity shareholders of the 
company HK$3.05 billion versus HK$2.53 billion 
    * Declared interim dividend of HK$1.00 per ordinary share 
    * HY revenue HK$6.42 billion, down 34 pct 
    * In malaysia "challenging operating conditions are expected 
to continue" 
    * Recent volatility in hotel industry is expected to remain 
in months ahead 
    * GL will continue with its hotel refurbishment programme 
and expects to launch three refurbished hotels next year 
    * Price of oil will continue to impact GL's oil and gas 
royalty revenues 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nHKS4Hx396 
Further company coverage:  0053.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com))

Recent news on Guoco

See all news