Despite a 20.4% revenue drop, Chow Tai Fook Jewellery saw a resilient profit of HK$6.8 billion.

Chow Tai Fook Jewellery Group reported a resilient operating profit of HK$6.8 billion in the first half of 2024-2025, despite a 20.4% drop in revenue to HK$39.4 billion. The company's profit margin expanded by 400 basis points to 17.2%, driven by higher gold prices and successful product launches like its CTF Rouge Collection, which exceeded HK$1.5 billion in sales. The board proposed a HK$0.20 per share interim dividend and a share buyback of up to HK$2 billion.

November 26, 2024
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