Core Viewpoint - The stock of Lao Pu Gold (06181) has risen over 5%, reflecting positive market sentiment driven by strong sales performance and improved profit margins as reported by major financial institutions [1] Group 1: Company Performance - Lao Pu Gold's management indicated that there has been no sales pressure following the price increase of gold products in October, with reports of long queues in several cities during the holiday period [1] - During the New Year holiday, both the old store and company-level sales recorded high double-digit to triple-digit year-on-year growth [1] - The company is better prepared in terms of inventory and operations compared to last year, which is expected to support sales during the upcoming Spring Festival peak season [1] Group 2: Market Outlook - Citigroup's report expresses increased confidence in Lao Pu Gold's outlook for the year, citing a recovery in demand and improved gross margins observed during the New Year holiday [1] - The report suggests that consumers have absorbed the price increases, supported by a broad adjustment in industry prices and a rebound in gold prices since December [1] - Strong demand is anticipated to continue through the Spring Festival holiday, with gross margins recovering to over 40% since late November last year, and further price increases expected post-Spring Festival [1]
港股异动 | 老铺黄金(06181)涨超5% 元旦期间销售动能仍强 花旗看好其盈利能力延续