Chow Tai Fook: Same store sales in Hong Kong and Macau increased by 2.2% in the first quarter

Chow Tai Fook announced that as of the end of June this year, the first quarter retail value decreased by 1.9% year-on-year; with Hong Kong, Macau and other markets up 7.8%, while mainland China dropped 3.3%, accounting for 13.6% and 86.4% of the retail value, respectively. During the period, same-store sales in Hong Kong and Macau increased by 2.2%; while same-store sales in mainland China declined by 3.3%, with the decline narrowing, and same-store sales in franchise stores remained flat.