Business
Chow Sang Sang Holdings International: Profit jumped 71% to HK$901.7M on higher margins, despite a 2% drop in turnover
Chow Sang Sang Holdings International: Profit jumped 71% to HK$901.7M on higher margins, despite a 2% drop in turnover
About this update from Chow Sang Sang Holdings International Limited
Turnover declined 2% year-over-year to HK$11,035.5 million, but profit attributable to owners surged 71% to HK$901.7 million, driven by higher gross margins and cost controls. The group is focusing on gold jewellery and omni-channel strategies amid weak diamond sales and a changing luxury market.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
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