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Luk Fook Holdings (International) ( (HK:0590) ) just unveiled an update.
Luk Fook Holdings (International) reported a 12.9% decrease in revenue to HK$13.3 billion for the year ended March 31, 2025, mainly due to a decline in gold product sales amid record-high gold prices. Despite this, the company saw a 5.9 percentage point increase in gross profit margin to 33.1%, with gross profit rising by 5.8% to HK$4.42 billion. However, profit for the year fell by 39.3% to HK$1,068 million, impacted by widening gold hedging losses and the absence of a one-off gain from the previous year’s acquisition. The company proposed a final dividend of HK$0.55 per share and reported a net decrease of 296 shops. Notably, same-store sales in the Mainland market improved by nearly 20%, while the Hong Kong and Macau market remained stable.
The most recent analyst rating on (HK:0590) stock is a Buy with a HK$27.18 price target. To see the full list of analyst forecasts on Luk Fook Holdings (International) stock, see the HK:0590 Stock Forecast page.
More about Luk Fook Holdings (International)
Luk Fook Holdings (International) is a company operating in the jewelry industry, primarily focusing on gold products. The company has a market presence in Mainland China, Hong Kong, and Macau, employing effective branding and product differentiation strategies.
Average Trading Volume: 1,497,569
Technical Sentiment Signal: Buy
Current Market Cap: HK$11.31B
See more data about 0590 stock on TipRanks’ Stock Analysis page.