Chow Tai Fook Jewellery Shows Resilient Profit in a Tough Market

Chow Tai Fook Jewellery Group Limited reported a 4.0% increase in operating profit to HK$6.8 billion for the first half of FY2025. Despite a challenging market environment, the operating profit margin expanded to 17.2%. The gold price surge contributed to a notable improvement in the gross profit margin, now at 31.4%. However, revenue dropped by 20.4% to HK$39,408 million.

The brand launched new collections and opened a novel concept store in Hong Kong. A significant interim dividend of HK$0.20 per share has been proposed, along with a share buy-back plan not exceeding HK$2 billion. The company remains confident in its long-term prospects despite current market challenges and aims to maintain its market leadership position.