Luk Fook Holdings(00590.HK): Fiscal 2026 Profit Expected to Rise 80% to 90% Year-on-Year

NewTimeSpace News: On June 10, 2026, Luk Fook Holdings (00590.HK) released a positive profit alert. Based on a preliminary review of the unaudited consolidated management accounts for fiscal 2026, the Group forecasts its annual profit to grow by around 80% to 90% year-on-year.

The company stated that the substantial profit growth is mainly attributable to higher gold prices. Effective product differentiation and sales strategies have lifted the sales proportion of premium jewellery products. Operating leverage has also helped boost the overall profit margin.

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