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Hong Kong Stock Market Movement | Announces Profit Warning, Old Shop Gold Rises Over 4% in the Afternoon
Gelonghui March 11 | Lao Pu Gold (6181.HK) surged over 4% in the afternoon, trading at HKD 666.5. On the news front, the company announced a profit forecast at noon, expecting sales revenue (including tax) for 2025 to be approximately RMB 31 billion to RMB 32 billion, a year-on-year increase of about 216% to 227%; revenue of about RMB 27 billion to RMB 28 billion, up approximately 217% to 229% compared to 2024; and net profit of about RMB 4.8 billion to RMB 4.9 billion, an increase of approximately 226% to 233% over 2024.
The announcement states that the main reasons for the increase in revenue and net profit are: the continuous expansion of the group’s brand influence creating a dominant market advantage, leading to a significant increase in overall revenue from online and offline stores; ongoing product optimization and new iterations ensuring sustained high growth in online and offline revenue; and compared to 2024, the group added 10 new stores in 2025, optimized and expanded 9 stores, generating additional revenue contributions.