February 28, 2017 / 10:05 AM / 7 months ago

BRIEF-Guoco Group HY profit attributable HK$3.05 bln

Feb 28 (Reuters) - Guoco Group Ltd:

* 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: Further company coverage:

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