TSE SUI LUEN (00417.HK): interim profit seen at HK$90m or more
NewTimeSpace News: On 4 November 2026, Tse Sui Luen Jewellery (International) Limited (stock code: 00417) issued a positive profit alert, expecting a profit of not less than HK$90 million for the six months ended 30 September 2026, against a loss of HK$35.3 million a year earlier.
The turnaround stems from its business transformation: better same-store sales and higher profit from mainland franchise operations; lower selling, distribution and administrative costs from optimisation since the second half of the year ended 31 March 2026, plus reduced restructuring costs as reorganisation nears completion; fair value gains on trade payables settled in gold and inventory gains from gold prices; and lower non-cash impairment provisions on store assets. Figures are unaudited; interim results are due by end-November 2026.
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- Tse Sui Luen Jewellery (00417.HK): Positive Profit Alert, Expected Annual Profit of Not Less Than HK$100 Million