Chow Tai Fook sees solid interim results, robust sales growth

Chow Tai Fook Jewellery Group Limited announced its interim results for the six months ended September 30, 2025, reporting stable revenue of HK$38,986 million and a 0.7% year-on-year increase in operating profit to HK$6,823 million, with a margin of 17.5%. Basic and diluted earnings per share increased by 0.8% to HK$0.26, and an interim dividend of HK$0.22 per share was declared. The gross profit margin was maintained at 30.5%, supported by an improved mix of higher-margin fixed-price jewellery and gold price appreciation.

The company's brand transformation and product optimization efforts led to positive Same Store Sales Growth (SSSG) of 2.6% in Chinese mainland and 4.4% in Hong Kong and Macau for 1HFY2026. Fixed-price signature collections contributed approximately HK$3.4 bn in sales, with their contribution to Retail Sales Value in the mainland rising to 31.8%. Unaudited key operational data from October 1 to November 18, 2025, showed continued positive momentum, with Group RSV growth of +33.9% and SSSG of +38.8% in Chinese mainland and +18.3% in Hong Kong & Macau.

The group expanded its retail network with 57 new CHOW TAI FOOK JEWELLERY POS in the Chinese mainland, focusing on premium shopping malls. It also launched new image stores in mainland and Macau, along with the first High Jewellery Collection "Timeless Harmony" and strategic IP collaborations to engage younger consumers.