Luk Fook Holdings International Limited (00590.HK) Announces Profit Increase, Expects Annual Profit to Increase by About 80% to 90% Year-on-Year.

The Intelligent Financial News APP reported that Luk Fook Holdings (00590.HK) announced that the group expects a year-on-year increase of approximately 80% to 90% in the net profit for the fiscal year ending on March 31, 2026, compared to the same period last year. This is mainly due to the rise in gold prices, effective product differentiation and sales strategies driving an increase in the proportion of sales of priced jewelry products, and operating leverage, among other factors, which have improved profit margins and significantly increased overall profits.