Business
Chow Tai Fook Jewellery Posts Strong Margin Expansion and Operating Profit for FY2025 from Brand Transformation Success
Results Highlights Macro-economic externalities and elevated gold prices weighed on the consumer sentiment in FY2025. The Group's revenue decreased by 17.5% year-on-year to HK$89,656 million. Nonetheless, operating profit remained resilient, with ...
About this update from Chow Tai Fook Jewellery Group Limited
[{"type":"text","content":"Results Highlights","length":18,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Macro-economic externalities and elevated gold prices weighed on the consumer sentiment in FY2025. The Group's revenue decreased by 17.5% year-on-year to HK$89,656 million. Nonetheless, operating profit remained resilient, with a year-on-year growth of 9.8%, reaching HK$14,746 million. Operating profit margin expanded by 400 basis points to 16.4%, attributable to an improved product mix comprising higher margin products, the higher gold prices and the Group's disciplined cost and capital management.","length":512,"tagName":"p"}]},{"val":[{"type":"text","content":"The Group delivered notable progress on brand transformation in FY2025, unveiling five new image stores in Mainland China (the "Mainland") and Hong Kong. This premium store format elevated the Group's brand desirability, improved product mix and achieved higher store productivity than the average store during the initial months post opening.","length":357,"tagName":"p"}]},{"val":[{"type":"text","content":"Fixed-price gold products continued to gain traction with their iconic design and exquisite craftsmanship. Its revenue surged by 105.5% year-on-year and its retail sales value ("RSV") mix within the Mainland gold jewellery and product category expanded significantly to 19.2% from 7.1% a year ago.","length":307,"tagName":"p"}]},{"val":[{"type":"text","content":"The CTF Rouge Collection and Chow Tai Fook Palace Museum Collection, have sustained strong momentum since launch and each achieved sales of approximately HK$4 billion in this financial year, exceeding the annual targets.","length":220,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":1396,"olType":false},{"type":"text","content":"HONG KONG, HK / ACCESS Newswire / June 12, 2025 / Chow Tai Fook Jewellery Group Limited ("Chow Tai Fook Jewellery Group", the "Group" or the "Company"; SEHK stock code:1929), today announces its annual results for the year ended 31 March 2025 ("FY2025").","length":294,"tagName":"p"},{"type":"table","headerItems":[],"items":[{"val":[{"rowspan":"1","style":"border-left-style:none;border-right-style:none;border-top-style:none;height:16.5pt;padding:0in 5.25pt;vertical-align:bottom;width:64%;","val":[{"type...