Luk Fook's Outlook Seems Promising After Strong Profitability

Dow Jones06-26

0836 GMT - Luk Fook Holdings' outlook appears promising to DBS Group Research's Mavis Hui, after the Hong Kong jewelry retailer's key profitability metrics hit record highs in FY 2026. Its same-store sales growth of around 40% in Hong Kong, Macau and overseas markets and roughly 20% in mainland China from April 1 to June 21 signal continued consumer demand for its products despite gold-price volatility, the analyst says. The company aims to maintain double-digit revenue growth in FY 2027, she notes. It will likely focus on entering at least two new markets and posting a net gain of 30 overseas shops, while boosting its product differentiation and operational efficiency, she adds. DBS maintains its buy rating and target price of 36.74 Hong Kong dollars. Shares closed 6.75% higher at HK$21.82. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

June 26, 2026 04:36 ET (08:36 GMT)

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The company aims to maintain double-digit revenue growth in FY 2027, she notes. It will likely focus on entering at least two new markets and posting a net gain of 30 overseas shops, while boosting its product differentiation and operational efficiency, she adds. DBS maintains its buy rating and target price of 36.74 Hong Kong dollars. Shares closed 6.75% higher at HK$21.82. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 26, 2026 04:36 ET (08:36 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Luk Fook's Outlook Seems Promising After Strong Profitability</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLuk Fook's Outlook Seems Promising After Strong Profitability\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-26 16:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0836 GMT - <a href=\"https://laohu8.com/S/LKFLF\">Luk Fook</a> Holdings' outlook appears promising to DBS Group Research's Mavis Hui, after the Hong Kong jewelry retailer's key profitability metrics hit record highs in FY 2026. Its same-store sales growth of around 40% in Hong Kong, Macau and overseas markets and roughly 20% in mainland China from April 1 to June 21 signal continued consumer demand for its products despite gold-price volatility, the analyst says. The company aims to maintain double-digit revenue growth in FY 2027, she notes. It will likely focus on entering at least two new markets and posting a net gain of 30 overseas shops, while boosting its product differentiation and operational efficiency, she adds. DBS maintains its buy rating and target price of 36.74 Hong Kong dollars. Shares closed 6.75% higher at HK$21.82. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 26, 2026 04:36 ET (08:36 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00590","symbol_name":"六福集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2646305623","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2646305623","pubTimestamp":1782462960,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0836 GMT - Luk Fook Holdings' outlook appears promising to DBS Group Research's Mavis Hui, after the Hong Kong jewelry retailer's key profitability metrics hit record highs in FY 2026. 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Its same-store sales growth of around 40% in Hong Kong, Macau and overseas markets and roughly 20% in mainland China from April 1 to June 21 signal continued consumer demand for its products despite gold-price volatility, the analyst says. The company aims to maintain double-digit revenue growth in FY 2027, she notes. It will likely focus on entering at least two new markets and posting a net gain of 30 overseas shops, while boosting its product differentiation and operational efficiency, she adds. DBS maintains its buy rating and target price of 36.74 Hong Kong dollars. Shares closed 6.75% higher at HK$21.82. 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