Luk Fook reports strong interim growth despite market challenges

Luk Fook Holdings (International) Limited announced a 25.6% increase in total revenue to HK$6.84bn for the six months ended September 30, 2025 (1H FY2026). This growth was primarily driven by a 68% surge in fixed price jewelry sales, supported by effective product differentiation. The group’s overall gross profit margin reached a record high of 34.7%, an increase of 2.0 percentage points from 32.7% in the prior period, with gross profit rising by 33.2% to HK$2.37bn.

Operating profit for the period climbed 45.4% to HK$779.6m, boosting the operating profit margin by 1.6 percentage points to 11.4%. Profit attributable to equity holders increased by 42.5% to HK$619.1m, with basic earnings per share rising 41.9% to HK$1.05. The board declared an interim dividend of HK$0.55 per ordinary share.

The group's global network comprised 3,113 shops as of September 30, 2025, a net decrease of 174 shops globally. The mainland market saw a 54.2% revenue increase to HK$2.98bn, while Hong Kong, Macao, and overseas markets contributed HK$3.86bn, a 9.9% increase. Looking ahead, the group plans to add approximately 20 new overseas shops in the current financial year.