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: Luk Fook reports double-digit sales growth in its fiscal third quarter
Jewelry retailer Luk Fook Holdings (International) Ltd. (0590.HK) on Thursday reported its retail sales value, including self-operated stores, licensed shops and e-commerce platforms, rose 26% in the quarter through December. Its retailing…
BRIEF: Hipine profit jumps on strong jewelry sales, improved watch margins
Gold watch maker Shenzhen Hipine Precision Technology Co. Ltd. (2583.HK) announced on Tuesday that its profit totaled more than 90 million yuan ($12.8 million) for the 11 months through November,…
BRIEF: Luk Fook reports strong September-quarter sales
Jewelry retailer Luk Fook Holdings (International) Ltd. (0590.HK) said on Tuesday its retail sales value rose 18% sequentially during its latest fiscal quarter through September, while its retailing revenue increased…
Trendy jewelry maker CHJ joins Hong Kong IPO ‘gold rush’
The company is challenging Laopu Gold for investor dollars among a new generation of value-added jewelry designers Key Takeaways: CHJ is hoping to match Laopu Gold’s stunning investor popularity with…
BRIEF: Luk Fook’s retail sales rebound in first quarter
Jewelry retailer Luk Fook Holdings (International) Ltd. (0590.HK) announced on Thursday that its overall retail sales value and retail revenue in the three months to June returned to double-digit growth,…
Chow Tai Fook rediscovers gold in convertible bonds
The fundraising, even as the Hong Kong jeweler has sufficient financial resources to run its current operation, could hint at plans for its next growth phase Key Takeaways: Chow Tai…
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