Chow Sang Sang Projects 2025 Profit from Continuing Operations to Reach HK$1.6-1.7 Billion

Stock News03-16

Chow Sang Sang (00116) announced that for the year ending December 31, 2025, the company's attributable profit from continuing operations is expected to be between HK$1.6 billion and HK$1.7 billion. This compares to a profit of HK$772 million for the year ending December 31, 2024. The growth is attributed to improved sales performance in key markets, including Mainland China, Hong Kong, Macau, and Taiwan, particularly during the second half of 2025. Benefiting from favorable gold price trends and a higher sales contribution from priced gold jewelry, the gross profit margin has increased. Furthermore, the ongoing optimization of the retail network has led to a reduction in operating costs.

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