Old Shop Gold Q1 Revenue Forecast Exceeds Expectations

Investing.com - Laopuo Gold announced its 2025 financial results, with a net profit of 4.87 billion yuan, placing it in the mid-to-high end of the previously announced guidance range of 4.8 billion to 4.9 billion yuan. The net profit for the second half of 2025 was 2.6 billion yuan.

The full-year revenue for 2025 was 27.3 billion yuan, within the company’s expected range of 27 billion to 28 billion yuan. Revenue in the second half increased by 200% year-over-year, thanks to better-than-expected gross profit margins and lower selling, general, and administrative expenses. The company attributes these results to stockpiling in advance and improved operational efficiency.

Laopuo Gold’s preliminary financial forecast for the first quarter of 2026 exceeded market expectations. The company expects revenue to be between 16.5 billion and 17.5 billion yuan, representing a 34% to 42% increase compared to the first half of 2025. This forecast indicates that first-quarter sales will more than double year-over-year.

Net profit for the first quarter of 2026 is expected to be between 3.6 billion and 3.8 billion yuan, a 59% to 67% increase from the first half of 2025. The midpoint of this range implies a net profit margin of 21.8%. The company states that these results are due to sufficient inventory preparation and operational leverage.

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