Lao Feng Xiang Reports 17.55 Billion Yuan Net Profit for 2025, Down 9.99% Year-on-Year

Stock News03-06

Lao Feng Xiang Co.,Ltd. (600612.SH) has released its 2025 preliminary financial results. During the reporting period, the company achieved operating revenue of 52.823 billion yuan, a decrease of 6.99% compared to the previous year. Net profit attributable to shareholders of the listed company was 1.755 billion yuan, reflecting a decline of 9.99% year-on-year. In 2025, the domestic gold and jewelry sector experienced weak consumption and a phase of structural change, influenced by multiple factors. These included insufficient growth momentum in consumer spending, the continuous surge in gold prices to new historical highs, and the implementation of new gold tax policies. Consequently, the company's operating revenue and net profit from its gold and jewelry business saw a decline compared to the same period last year.

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