Profit Alert | Chow Sang Sang Expected to Double Last Year's Profits

2026-03-16 09:30:48

Chow Sang Sang (00116) announces a profit alert, expecting the full-year results ending last year to show a attributable profit to shareholders between HKD 1.6 billion and HKD 1.7 billion, compared to a profit of HKD 772 million in 2024, representing an increase of approximately 1.07 to 1.2 times year-on-year.

Chow Sang Sang explained that the expected profit growth is mainly due to improved sales performance in key markets including Mainland China, Hong Kong, Macau, and Taiwan, especially in the second half of 2025. Additionally, benefiting from favorable gold price trends and a higher proportion of priced gold jewelry sales, which led to an increase in gross profit margin; and ongoing optimization of the retail network, resulting in lower operating costs.

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