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Luk Fook Holdings Reports Q1 Retail Sales Up 32% YoY; Gold Product Revenue Jumps 43%

2026-07-16 13:46:34

LUK FOOK HOLD0.08%

According to Guzhan Finance APP, Luk Fook Holdings (00590) reported that overall retail sales for Q1 2026 (ending June 30) rose 32% year-over-year, while retail revenue increased 43% year-over-year. Gold and platinum products accounted for 82% of total retail value, up 6 percentage points, driven by surging precious metal product sales. Same-store sales grew 39%, with gold product sales by weight climbing 50% despite international gold prices rising 37% per ounce; same-store sales volume growth turned positive to 13%. Priced jewelry products posted 14% same-store growth, with priced gold items up 34% and 18K gold diamond products down 17%.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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