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…
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…
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: Luk Fook’s profit jumps on rising gold prices, sales strategy
Jewelry retailer Luk Fook Holdings (International) Ltd. (0590.HK) on Thursday forecast it would report its revenue rose 20% to 30% year-on-year in the six months through September, the first half…
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…
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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