Chow Sang Sang Holdings International: Turnover and profit declined sharply, but gross margin and cash position remained strong

About this update from Chow Sang Sang Holdings International Limited

Turnover fell 15% and profit attributable to owners dropped 20% amid weak demand and high gold prices. Gross margin improved to 28.3% and the group continued consolidating its store network, focusing on high-end and omni-channel strategies. Net gearing was 29.7% and the dividend payout ratio was 43%.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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