Guoco touches 3-month peak on higher half-year profit, dividend

Guoco

24/02/2026 03:54

** Shares of Guoco Group 0053.HK climb 2% to HK$76.5, their highest level since November 19; heads for the biggest one-day pct rise since January 27

** Stock on track for the second session of gains

** The property development to financial services conglomerate said its net profit for six months ended in December rose 13% y/y to HK$2.03 bln ($259.55 mln)

** Co declared to pay an interim dividend of HK$0.70 per share, up 17% from the same period a year ago

** YTD, stock up 7.9%, benchmark Hang Seng Index .HSI up 3.6%

($1 = 7.8212 Hong Kong dollars)

 (Reporting by Donny Kwok)

 ((donny.kwok@thomsonreuters.com))