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CHOW SANG SANG Expects 2025 Profit from Continuing Operations to Hike to No Less Than $1.6B
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CHOW SANG SANG (00116.HK) announced that, for the year ended 31 December 2025, the profit attributable to owners from continuing operations is expected to be between $1.6 billion and $1.7 billion, as compared with $772 million for the same period of 2024. The increase could be attributed to improved sales in key markets comprising Chinese Mainland, Hong Kong, Macau, and Taiwan, especially in 2H25; higher gross profit margin resulting from favorable gold price movements as well as the higher proportion of fixed-price gold jewelry in the sales; lower operating costs realized by the ongoing optimization of the retail network, the Group added. AASTOCKS Financial News Website: www.aastocks.com |
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