Chow Sang Sang Projects 2025 Profit from Continuing Operations to Reach HK$1.6-1.7 Billion
Stock News
Mar 16
Chow Sang Sang (00116) announced that for the year ending December 31, 2025, the company's attributable profit from continuing operations is expected to be between HK$1.6 billion and HK$1.7 billion. This compares to a profit of HK$772 million for the year ending December 31, 2024. The growth is attributed to improved sales performance in key markets, including Mainland China, Hong Kong, Macau, and Taiwan, particularly during the second half of 2025. Benefiting from favorable gold price trends and a higher sales contribution from priced gold jewelry, the gross profit margin has increased. Furthermore, the ongoing optimization of the retail network has led to a reduction in operating costs.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.