Performance | Chow Sang Sang earned more than double last year

SighingCashier · 2026-03-26T16:55:31+00:00

Chow Sang Sang reported a full-year profit of HKD 1.717 billion as of the end of last year, a year-on-year increase of 1.13 times. Earnings per share were HKD 2.557, with a dividend of HKD 1.00. Business revenue increased by 6%. The Chinese market faces challenges, with consumer confidence low and sales declining, while Hong Kong stores performed well, with same-store sales growth of 42%. Fluctuations in gold prices have boosted demand for gold products.

SighingCashier

2026-03-26 16:55:31

Abstract generation in progress

Chow Sang Sang (00116) announced that for the full year ending last year, net profit was HKD 1.717 billion, an increase of 1.13 times year-on-year; earnings per share were HKD 2.557, with a second interim dividend of HKD 0.79, and an annual dividend of HKD 1.00.

During the period, revenue from continuing operations was HKD 22.446 billion, up 6% year-on-year.

Looking ahead, the company stated that during the first quarter ending March 15, 2026, same-store sales growth in China remained stable, while in Hong Kong, stores located in tourist areas and community malls performed strongly, with same-store sales increasing by 42%. The fluctuations in gold prices have undoubtedly further heightened market attention and demand for gold products (whether for decoration or other uses).

In contrast, the operating environment in China remains more challenging. Shopping mall foot traffic is low; combined with high gold prices exceeding many consumers’ affordability, leading to a decline in sales volume, especially in the mass market segment. Consumer confidence remains cautious, and spending continues to be selective. Stores located in high-end shopping malls continue to outperform others and have recorded strong sales growth.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes