Chow Tai Fook Jewellery Shows Resilient Growth in 1HFY2026

Chow Tai Fook Jewellery Group reported a stable revenue of HK$38,986 million in the first half of FY2026, reflecting a resilient recovery. This was supported by positive consumer sentiment and increased jewellery spending. The Group's focus on brand transformation and store optimization has been key in maintaining strong financial resilience.

The gross profit margin remained above 30%, driven by an enhanced product mix and gold price appreciation. Operating profit saw a slight rise of 0.7% year-on-year, with the profit margin reaching a five-year high of 17.5%. This indicates effective cost management and operational efficiency.

Key product collections, such as the "Timeless Harmony" High Jewellery line, contributed to sales of HK$3.4 billion. The Group also launched new image stores targeting premium consumers, which have shown higher sales. This strategic expansion in both domestic and international markets is aimed at strengthening brand appeal.