Movers | Chow Sang Sang rises 10% on expectations of double earnings last year

SighingCashier

2026-03-17 02:05:56

Abstract generation in progress

Chow Sang Sang (00116) is expected to see a doubling of profit last year, with the stock price performing well, currently up to a maximum of 12.5%, reaching 14.54 HKD.

As of 9:57 a.m., the price is 14.19 HKD, up 9.8%, with a turnover of 17.7 million HKD.

Chow Sang Sang announced that it expects the full-year results ending last year to show attributable net profit to shareholders between 1.6 billion and 1.7 billion HKD, representing an increase of approximately 1.07 to 1.2 times year-on-year.

Chow Sang Sang explained that the profit increase is mainly due to improved sales performance in key markets including Mainland China, Hong Kong, Macau, and Taiwan, especially in the second half of 2025. Additionally, benefiting from favorable gold prices and the higher proportion of priced gold jewelry in sales, gross profit margin has risen; meanwhile, ongoing optimization of the retail network has reduced operating costs.

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