Movement Alert|Chow Tai Fook Rises 6.56% in Regular Trading, Record Annual Profit Surges 52.2% Driving Post-Earnings Rally

Market Focus06-12 09:31

On June 12, Chow Tai Fook rose 6.56% in regular trading, trading at HK$12.21/share, with turnover of HK$34.48 million. The rally follows the release of record-breaking annual results on June 11.

The company reported attributable profit of HK$9.004 billion for the fiscal year ended March 31, representing a 52.2% year-over-year surge. Revenue grew 5.3% to HK$94.4 billion, while gross margin expanded to 32.3%, driven by soaring gold prices and higher-margin signature product contributions. Operating profit rose 27.8% to HK$18.85 billion, with operating margin reaching a five-year high of 20.0%. EPS climbed 53.7% to HK$0.91, and the board proposed a full-year dividend of HK$0.67 per share, implying a payout ratio of approximately 73.4%. Return on equity improved to 28.4%.

Additionally, the company disclosed that retail value for April-May grew 14.7% year-over-year, with Hong Kong, Macau and other markets surging 44.1%, signaling strong momentum into the new fiscal year.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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