Laopu Gold (HKG:6181) expects a net profit of between around 550 million yuan and 600 million yuan for the six months ended June 30, up 180% to 205% from 196.8 million yuan a year prior, a Tuesday bourse filing said.
The gold jewelry manufacturer attributed the anticipated rise in profit mainly to higher revenue, customers' preference for high-quality heritage gold products, and the opening of six new boutiques along with the expansion of another.
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