Guoco H1 FY2026 profit from operations fell 38% to HKD 1.31bn

Reuters
02/23
Guoco H1 FY2026 profit from operations fell 38% to HKD 1.31bn

Guoco Group posted a profit attributable to equity shareholders of HKD2.03 billion for H1 (six months) ended 31 December 2025, up 13%, with earnings per share of HKD6.23 (+13%). Turnover fell 10% to HKD11.89 billion and revenue declined 7% to HKD11.68 billion, while profit from operations decreased 38% to HKD1.31 billion. The board declared an interim dividend of HKD0.70 per share (+17%), payable on 25 March 2026 (record date: 11 March 2026). By segment, pre-tax profit was HKD1.26 billion for Principal Investment, HKD572.54 million for Property Development and Investment, and HKD822.74 million from Financial Services (share of associate profits). Hospitality and Leisure recorded a pre-tax loss of HKD468.5 million, reflecting impairment provisions of about HKD1.27 billion at The Rank Group Plc linked to the UK Remote Gaming Duty increase (from 21% to 40% from April 2026) and other pressures; the period also included a HKD67.18 million loss related to a payment fraud incident in a subsidiary. In Property, management cited lower revenue recognition timing from Singapore residential developments, partly offset by higher hospitality revenue and a 5% rise in GuocoLand’s property investment revenue; GuocoLand also noted the Lentor Modern mall opened in January 2026, adding to recurring income as leases commence progressively.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Guoco Group Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260223-12027989), on February 23, 2026, and is solely responsible for the information contained therein.

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