Chow Tai Fook’s quarterly retail sales value up 15.1%
Jewelry retailer Chow Tai Fook Jewellery Group Ltd. (1929.HK) announced on Thursday that its retail sales value rose 15.1% year-on-year in the quarter through June, the first quarter of its…
Lingbao glitter fades with gold peak’s passing
The gold producer’s profit boomed in the first half of this year on record gold prices, but it faces an uncertain future with the precious metal’s recent pullback Key Takeaways:…
Luk Fook’s March quarter sales jump 30% on gold rally at that time
Jeweler Luk Fook Holdings (International) Ltd. (0590.HK) on Thursday reported its overall retail sales value rose 32% year-over-year in the quarter through March 31 this year. Its retailing revenue, excluding…
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%…