Luk Fook profit surges on soaring gold prices
Jewelry retailer Luk Fook Holdings (International) Ltd. (0590.HK) said on Wednesday it expects to report its profit for its fiscal year through March jumped between 80% and 90% year-over-year. Luk Fook posted…
BRIEF: China Gold International’s records record profit in first quarter
China Gold International Resources Corp. Ltd. (2099.HK) announced on Friday its revenue rose 66% year-on-year to a record $453 million in the first quarter, while its net profit surged 175%…
Jack Ma-backed insurer seeks riches in Hong Kong gold tokenization foray
Yunfeng Financial is leveraging its strong balance sheet and a strategic ether reserve to turn physical assets into a digital financial tool for professional investors in Hong Kong Key Takeaways:…
BRIEF: Zhou Liu Fu profit rises 30% in first quarter
Jeweler Zhou Liu Fu Jewellery Co. Ltd. (6168.HK) on Thursday reported revenue of about 1.27 billion yuan ($187 million) in the first quarter, while it said its profit for the period rose 29%…
BRIEF: Chairman boosts his stake in Wanguo Gold
Gold miner Wanguo Gold Group Ltd. (3939.HK) said on Friday that major shareholder and Chairman Gao Mingqing acquired 1.7 million and 330,000 company shares on April 1 and April 2, respectively, at…
BRIEF: Surging gold prices lift Wanguo Gold to $196 million profit in 2025
Gold miner Wanguo Gold Group Ltd. (3939.HK) on Wednesday reported its revenue surged 68.5% year-over-year to 3.16 billion yuan ($460 million) in 2025, while its profit jumped 135.5% to 1.35…
Soaring gold prices fail to polish Mokingran profits. What went wrong?
Less than a year and a half after its IPO, the jeweler delivered disappointing preliminary results that show its profit plunged nearly 60% last year Key Takeaways: Mokingran Jewellry’s revenue…
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