周生生发布中期业绩 股东应占溢利9.02亿港元 同比增加71.44%

Core Viewpoint - Chow Sang Sang (00116) reported a decrease in revenue but a significant increase in profit for the six months ending June 30, 2025, indicating a positive trend in profitability despite lower sales figures [1] Financial Performance - Revenue from continuing operations was HKD 11.036 billion, a year-on-year decrease of 2.45% [1] - Shareholders' profit amounted to HKD 902 million, reflecting a year-on-year increase of 71.44% [1] - Basic earnings per share were HKD 1.342 [1] - A mid-term dividend of HKD 0.21 per share is proposed [1] Profitability Metrics - The gross profit margin increased by 5.2 percentage points to 33.5% [1] - Higher gross margins were attributed to rising gold prices, which positively impacted the sales of gold products [1] - Cost reduction measures, including store network restructuring, contributed to profit growth [1] - The company adjusted its product mix towards higher-margin items, further enhancing profitability [1]