The latest update is out from Chow Tai Fook Jewellery Group ( (HK:1929) ).
Chow Tai Fook Jewellery Group reported a decline in retail sales value and same store sales for the fourth quarter ending March 2025, attributed to macroeconomic challenges and high gold prices affecting consumer sentiment. Despite these challenges, the company saw a narrowing decline in same store sales in Mainland China due to successful product optimization and effective marketing campaigns. In Hong Kong and Macau, sales were impacted by changes in spending patterns of Mainland tourists. The company also made progress in brand transformation with new image stores and strong sales from its iconic collections, exceeding annual sales targets.
More about Chow Tai Fook Jewellery Group
Chow Tai Fook Jewellery Group Limited is a prominent player in the jewellery industry, primarily offering a wide range of jewellery products, including gem-set, platinum, k-gold, and gold jewellery. The company focuses on markets in Mainland China, Hong Kong, Macau, and other regions.
YTD Price Performance: 44.58%
Average Trading Volume: 1,249
Technical Sentiment Signal: Sell
Current Market Cap: $12.47B
Learn more about 1929 stock on TipRanks’ Stock Analysis page.