LUK FOOK HOLD Announces Annual Results with 86% Surge in Profit Attributable to Shareholders

Stock News06-25

LUK FOOK HOLD has released its annual results for the period ending March 31, 2026. The group reported revenue of HK$17.205 billion, representing a 29% year-on-year increase. Profit attributable to equity holders reached HK$2.046 billion, a significant rise of 86% compared to the previous year. Basic earnings per share stood at HK$3.48, with the board proposing a final dividend of HK$1.02 per share.

During the financial year under review, the group actively expanded its overseas operations, successfully opening 20 new stores abroad and meeting its fiscal 2026 target for international expansion. However, the closure of brand stores in China's fourth- and fifth-tier cities led to a net reduction of 282 stores globally. This included a net decrease of 281 "Luk Fook Jewellery" stores, a net increase of 21 "Goldstyle" stores, and a net decrease of 22 stores under sub-brands or product lines.

Under its multi-brand strategy, the group operates a total of two main brands and four sub-brands or product lines. As of March 31, 2026, the group operated 3,005 stores worldwide (2025: 3,287), comprising 2,524 "Luk Fook Jewellery" stores (2025: 2,805) located in Hong Kong, Macau, Mainland China, the United States, Canada, Australia, Malaysia, Cambodia, the Philippines, Laos, Thailand, and Vietnam.

Additionally, the group operates 260 "Goldstyle" stores (2025: 239) in Hong Kong, Mainland China, and Thailand; 38 "Luk Fook Gallery" stores (2025: 39) in Macau, Mainland China, Malaysia, and the US; 16 "Goldstyle" stores (2025: 27) in Mainland China; 152 "Fuk Man Chuen Ga" stores (2025: 160) in Hong Kong, Macau, and Mainland China; and 15 "LoveLUKFOOKJEWELLERY" stores (2025: 17) in Mainland China and Thailand.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment