Latest News
08/
12
2025
(8 December 2025) — Luk Fook Holdings (International) Limited (“Lukfook” or the “Group”) (Stock Code: 0590) is pleased to announce that the Group has won three accolades in the “Good MPF Employer Award 2024-2025” organised by the Mandatory Provident Fund Schemes Authority (“MPFA”). For the seventh year in a row, the Group has been recognised as a “Good MPF Employer”, while also receiving the “e-Contribution Award” and the “MPF Support Award” once again. These honours fully affirm the Group’s continuous efforts and contributions in caring for and safeguarding employees’ retirement well-being. Mr. Wong Wai Sheung, Chairman and Chief Executive Officer of Lukfook Group, said, “With ‘People Empowerment’ as one of the key focus areas of the Group’s sustainable development, the Group is dedicated to creating a caring and supportive work environment for employees. We actively provide employees with diverse employee benefits to ensure they can strike a healthy work-life balance, and to perpetuate the ‘Lukfook Family’ corporate culture. Looking ahead, we will continue to stay in pace with the times, relentlessly enhance retirement protection measures to assist employees in planning their future early, and walk hand-in-hand with them towards a prosperous life.” The “Good MPF Employer Award”, established by the MPFA, aims to commend exemplary employers who are dedicated to protecting and enhancing their employees’ retirement benefits, so as to encourage more employers to provide better retirement protection to employees. Ms. Lai Pui Yu, Vivian, Deputy Administration and Human Resources Director of Lukfook Group (right), accepted the award from Mr. Chan Siu Yum, Kenneth, Executive Director (Members and Supervision) of MPFA (left) ~End~
27/
11
2025
Financial Highlights ‧ Underpinned by effective product differentiation and sales strategies, with the surge in sales of fixed price jewellery products, the Group’s revenue increased by 25.6% to HK$6.8 billion compared to the same period last year ‧ Benefitted from the rise in gold prices and the increased sales mix of fixed price jewellery products with higher gross profit margin, the Group’s overall gross profit margin increased by 2.0 p.p. to a record high of 34.7% ‧ The favourable operating leverage effect lifted the operating profit margin by 1.6 p.p. to 11.4%, thereby boosting the operating profit by 45.4% to HK$0.78 billion ‧ The Group’s profit for the Period increased by 44.1% to HK$0.6 billion ‧ Proposed interim dividend is HK$0.55 per share with dividend payout ratio of 52% ‧ Overseas market expansion remained steady, with a net addition of 8 overseas shops during the Period, and the Group first entered the Vietnam market ‧ From 1 October to 21 November 2025, Same Store Sales market recorded double-digit growth, with the Mainland market showing marked improvement compared to the second quarter of the current financial year For the six months ended 30 September 2025 2024 Y-o-Y HK$’000 HK$’000 Changes Revenue 6,843,384 5,448,634 +25.6% Gross Profit 2,373,233 1,781,653 +33.2% Profit Attributable to Equity Holders 619,186 434,469 +42.5% Basic Earnings per Share HK$1.05 HK$0.74 +41.9% Interim Dividend per Share HK$0.55 HK$0.55 0.0% (27 November 2025) ── The board of directors (the “Board”) of Luk Fook Holdings (International) Limited (the “Company”) (Stock Code: 0590) is pleased to announce the interim results of the Company and its subsidiaries (collectively referred to as the “Group”) for the six months ended 30 September 2025 (the “Period”).The Group’s total revenue increased by 25.6% to HK$6,843,384,000 (2024: HK$5,448,634,000) during the Period under review. Benefitted from the rise in gold prices and the increased sales mix of fixed price jewellery products with higher gross profit margin, the Group’s overall gross profit margin rose by 2.0 p.p. to a record high of 34.7% (2024: 32.7%). As a result, the Group’s gross profit increased by 33.2% to HK$2,373,233,000 (2024: HK$1,781,653,000). The favourable operating leverage effect lifted the operating profit margin by 1.6 p.p. to 11.4%, thereby boosting the operating profit by 45.4% to HK$779,648,000 (2024: HK$536,301,000). Furthermore, profit for the Period increased by 44.1% to HK$601,190,000 (2024: HK$417,246,000). The net profit margin increased by 1.1 p.p. to 8.8% (2024: 7.7%). Moreover, the profit attributable to equity holders of the Group increased by 42.5% to HK$619,186,000 (2024: HK$434,469,000). Accordingly, basic earnings per share increased by 41.9% to HK$1.05 (2024: HK$0.74). The Board declared an interim dividend of HK$0.55 per ordinary share (2024: HK$0.55 per ordinary share) for the Period under review, a dividend payout ratio of 52%. Mr. Wong Wai Sheung, Chairman and Chief Executive Officer of the Group said, “Despite sustained geopolitical tensions and trade uncertainties clouding the macroeconomic outlook and driving gold prices continued to move upward, the Group’s performance across all regions remained outstanding. Underpinned by effective product differentiation and sales strategies, sales of fixed price jewellery products surged by 68%.” During the Period under review, retailing business was the main source of revenue of the Group. The Group’s retailing revenue increased by 12.8% to HK$5,255,286,000 (2024: HK$4,660,250,000), accounting for 76.8% (2024: 85.5%) of the Group’s total revenue. Its segment profit increased by 24.6% to HK$477,071,000 (2024: HK$382,803,000), accounting for 55.4% (2024: 69.2%) of the total and its segment profit margin was 9.1% (2024: 8.2%). Driven by the Group’s ongoing efforts to broaden product categories under wholesaling business, coupled with successful product differentiation strategy, the new products achieved incredible sales performance. Therefore, the Group’s wholesaling revenue significantly rose by 190.6% to HK$1,117,398,000 (2024: HK$384,576,000), accounting for 16.3% (2024: 7.1%) of the Group’s total revenue. Its segment profit turned around from a loss to a profit of HK$107,938,000 (2024 loss: HK$68,552,000), accounting for 12.5% (2024: -12.4%) of the total, and its segment profit margin was 9.7% (2024: -17.8%). As the segment profit of wholesaling business included profits from inter-segment sales to self-operated shops, if including inter-segment sales in the denominator, its segment profit margin would be 4.4% (2024: -5.7%). During the Period under review, the licensing income increased by 16.6% to HK$470,700,000 (2024: HK$403,808,000) due to the improved sales in Mainland, accounting for 6.9% (2024: 7.4%) of the Group’s total revenue. Its segment profit margin was 58.6% (2024: 59.2%), while its segment profit increased by 15.5% to HK$275,941,000 (2024: HK$239,002,000), accounting for 32.1% (2024: 43.2%) of the total. During the Period under review, the average international gold price in USD per ounce increased by nearly 91% year-on-year, leading to a decline in gold sales by weight. As a result, the sales of gold and platinum products increased by 11.0% only to HK$4,096,254,000 (2024: HK$3,688,804,000), accounting for 64.3% (2024: 73.1%) of the overall sales amount (revenue of the Group minus licensing income). Its gross margin increased by 2.8 p.p. to 30.3% (2024: 27.5%) because of the rise in gold prices. Gross profit from gold and platinum products therefore increased by 22.3% to HK$1,240,181,000 (2024: HK$1,013,756,000), accounting for 59.7% (2024: 66.7%) of the overall gross profit (consolidated gross profit of the Group minus gross profit of licensing income). On the other hand, the sales of fixed price jewellery products increased by 67.9% to HK$2,276,429,000 (2024: HK$1,356,021,000), accounting for 35.7% (2024: 26.9%) of the overall sales amount (revenue of the Group minus licensing income). Nevertheless, due to a significant increase in the mix of wholesaling revenue from fixed price jewellery products, which has lower gross margin than retailing, gross margin for fixed price jewellery products therefore decreased by 0.5 p.p. to 36.8% (2024: 37.3%). Its gross profit, however, increased by 65.6% to HK$837,697,000 (2024: HK$505,957,000), accounting for 40.3% (2024: 33.3%) of the overall gross profit (consolidated gross profit of the Group minus gross profit of licensing income). During the Period under review, the overall SSS of the Group was +7.7% (2024: -34.3%). SSS for gold and platinum products was +2.7% (2024: -35.6%) and +22.2% (2024: -30.3%) for fixed price jewellery products. During the Period under review, the Group operated a total of 2 brands and 4 sub-brands/ product lines under the multi-brand strategy. There was a net decrease of 174 shops globally, including a net decrease of 173 “Lukfook” shops and 1 “3DG Jewellery” shop. As at 30 September 2025, the Group had a global network of 3,113 shops (2024: 3,408 shops), including 2,632 “Lukfook” shops (2024: 2,931 shops), with business spanning across Hong Kong, Macao, Mainland, the United States, Canada, Australia, Malaysia, Cambodia, the Philippines, Laos, Thailand and Vietnam; In addition, the Group had 238 “3DG Jewellery” shops (2024: 225 shops) in Hong Kong and Mainland; 40 “Lukfook Joaillerie” shops (2024: 35 shops) in Macao, Mainland, Malaysia and the United States, and operated 22 “Goldstyle” shops (2024: 35 shops), 163 “Heirloom Fortune” shops (2024: 165 shops) in Mainland, and 17 “Love LUKFOOK JEWELLERY” shops and 1 shop (2024: 0 shop) in Mainland and Thailand respectively. Mr. Wong Wai Sheung, Chairman and Chief Executive Officer of the Group concluded, “Gold prices hit new highs again starting in September. Although sales were impacted during the first week of September, they began to gradually recover from the second week onward, indicating that consumers have gradually adapted to higher gold prices. From 1 October to 21 November 2025, the Group continued to record satisfactory sales growth across all markets. SSS in both the Hong Kong, Macao and overseas market and the Mainland market recorded double digit growth. The Mainland market exhibited significant improvement compared to the second quarter of the current financial year, while performance in the Hong Kong, Macao and overseas market remained broadly in line with that of the second quarter. The Group has set up its new three-year corporate strategy starting from FY2025/26 with Overseas Market Expansion, Market-oriented Products and Operational Efficiency Enhancement as its three main focuses so as to foster its future business growth.” ~End~ Same Store Sales (“SSS”) represented a comparison of sales of the same self-operated shop having full day operations in the comparable periods and such data did not include sales of licensed shops and Mainland’s e-commerce business Hong Kong, China: Hereafter refers to as “Hong Kong” Macao, China: Hereafter refers to as “Macao” Chinese Mainland: Hereafter refers to as “Mainland”
24/
11
2025
(24 November 2025) — Luk Fook Holdings (International) Limited (“Lukfook” or the “Group”) (Stock Code: 0590) is pleased to announce that the Group has been supporting the “Outstanding Industrial Attachment Scholarships” and the “VTC Design Education Fund” organised by the Hong Kong Institute of Vocational Education since 2014, contributing to the cultivation of exceptional design talent in Hong Kong. Mr. Wong Wai Sheung, Chairman and Chief Executive Officer of Lukfook Group, said, “The Group has always been committed to the community, upholding the spirit of giving back to society. We are dedicated to promoting the development of the local design industry and actively nurturing the next generation of talent. Over the years, we have collaborated with various educational institutions to provide the younger generation with diverse learning and practical opportunities, encouraging them to unleash their creativity and enhance their professional skills, thereby laying a solid foundation for their entry into the design industry and their overall career development. The Group will continue to invest resources to support local talent, injecting fresh vitality into the sustainable development of the industry and society to jointly create a brighter future.” The Hong Kong Institute of Vocational Education is a member institution of the Vocational Training Council, is dedicated to providing high-quality vocational and professional education and training courses. Through awarding scholarships, it recognises outstanding students and encourages their active participation in holistic development activities, guiding them to excel in their careers or further studies and paving the way for their success. Mr. Tse Moon Chuen, Non-executive Director of Lukfook Group (3rd left), served as an award presenter ~End~
08 /
12
Lukfook Group Honoured as “Good MPF Employer” for Seventh Consecutive Year Three Major Awards Affirmed Its Outstanding Contributions to Retirement Protection
(8 December 2025) — Luk Fook Holdings (International) Limited (“Lukfook” or the “Group”) (Stock Code: 0590) is pleased to announce that the Group has won three accolades in the “Good MPF Employer Award 2024-2025” organised by the Mandatory Provident Fund Schemes Authority (“MPFA”). For the seventh year in a row, the Group has been recognised as a “Good MPF Employer”, while also receiving the “e-Contribution Award” and the “MPF Support Award” once again. These honours fully affirm the Group’s continuous efforts and contributions in caring for and safeguarding employees’ retirement well-being. Mr. Wong Wai Sheung, Chairman and Chief Executive Officer of Lukfook Group, said, “With ‘People Empowerment’ as one of the key focus areas of the Group’s sustainable development, the Group is dedicated to creating a caring and supportive work environment for employees. We actively provide employees with diverse employee benefits to ensure they can strike a healthy work-life balance, and to perpetuate the ‘Lukfook Family’ corporate culture. Looking ahead, we will continue to stay in pace with the times, relentlessly enhance retirement protection measures to assist employees in planning their future early, and walk hand-in-hand with them towards a prosperous life.” The “Good MPF Employer Award”, established by the MPFA, aims to commend exemplary employers who are dedicated to protecting and enhancing their employees’ retirement benefits, so as to encourage more employers to provide better retirement protection to employees. Ms. Lai Pui Yu, Vivian, Deputy Administration and Human Resources Director of Lukfook Group (right), accepted the award from Mr. Chan Siu Yum, Kenneth, Executive Director (Members and Supervision) of MPFA (left) ~End~
27 /
11
Lukfook Group (0590) Announces 1H FY2026 Interim Results Profit for the Period increased by 44.1% to HK$0.6 billion Declared Interim Dividend of HK$0.55 per share Mainland Market Recorded Double-digit Growth From 1 October to 21 November Showing Marked Improvement compared to Q2
Financial Highlights ‧ Underpinned by effective product differentiation and sales strategies, with the surge in sales of fixed price jewellery products, the Group’s revenue increased by 25.6% to HK$6.8 billion compared to the same period last year ‧ Benefitted from the rise in gold prices and the increased sales mix of fixed price jewellery products with higher gross profit margin, the Group’s overall gross profit margin increased by 2.0 p.p. to a record high of 34.7% ‧ The favourable operating leverage effect lifted the operating profit margin by 1.6 p.p. to 11.4%, thereby boosting the operating profit by 45.4% to HK$0.78 billion ‧ The Group’s profit for the Period increased by 44.1% to HK$0.6 billion ‧ Proposed interim dividend is HK$0.55 per share with dividend payout ratio of 52% ‧ Overseas market expansion remained steady, with a net addition of 8 overseas shops during the Period, and the Group first entered the Vietnam market ‧ From 1 October to 21 November 2025, Same Store Sales market recorded double-digit growth, with the Mainland market showing marked improvement compared to the second quarter of the current financial year For the six months ended 30 September 2025 2024 Y-o-Y HK$’000 HK$’000 Changes Revenue 6,843,384 5,448,634 +25.6% Gross Profit 2,373,233 1,781,653 +33.2% Profit Attributable to Equity Holders 619,186 434,469 +42.5% Basic Earnings per Share HK$1.05 HK$0.74 +41.9% Interim Dividend per Share HK$0.55 HK$0.55 0.0% (27 November 2025) ── The board of directors (the “Board”) of Luk Fook Holdings (International) Limited (the “Company”) (Stock Code: 0590) is pleased to announce the interim results of the Company and its subsidiaries (collectively referred to as the “Group”) for the six months ended 30 September 2025 (the “Period”).The Group’s total revenue increased by 25.6% to HK$6,843,384,000 (2024: HK$5,448,634,000) during the Period under review. Benefitted from the rise in gold prices and the increased sales mix of fixed price jewellery products with higher gross profit margin, the Group’s overall gross profit margin rose by 2.0 p.p. to a record high of 34.7% (2024: 32.7%). As a result, the Group’s gross profit increased by 33.2% to HK$2,373,233,000 (2024: HK$1,781,653,000). The favourable operating leverage effect lifted the operating profit margin by 1.6 p.p. to 11.4%, thereby boosting the operating profit by 45.4% to HK$779,648,000 (2024: HK$536,301,000). Furthermore, profit for the Period increased by 44.1% to HK$601,190,000 (2024: HK$417,246,000). The net profit margin increased by 1.1 p.p. to 8.8% (2024: 7.7%). Moreover, the profit attributable to equity holders of the Group increased by 42.5% to HK$619,186,000 (2024: HK$434,469,000). Accordingly, basic earnings per share increased by 41.9% to HK$1.05 (2024: HK$0.74). The Board declared an interim dividend of HK$0.55 per ordinary share (2024: HK$0.55 per ordinary share) for the Period under review, a dividend payout ratio of 52%. Mr. Wong Wai Sheung, Chairman and Chief Executive Officer of the Group said, “Despite sustained geopolitical tensions and trade uncertainties clouding the macroeconomic outlook and driving gold prices continued to move upward, the Group’s performance across all regions remained outstanding. Underpinned by effective product differentiation and sales strategies, sales of fixed price jewellery products surged by 68%.” During the Period under review, retailing business was the main source of revenue of the Group. The Group’s retailing revenue increased by 12.8% to HK$5,255,286,000 (2024: HK$4,660,250,000), accounting for 76.8% (2024: 85.5%) of the Group’s total revenue. Its segment profit increased by 24.6% to HK$477,071,000 (2024: HK$382,803,000), accounting for 55.4% (2024: 69.2%) of the total and its segment profit margin was 9.1% (2024: 8.2%). Driven by the Group’s ongoing efforts to broaden product categories under wholesaling business, coupled with successful product differentiation strategy, the new products achieved incredible sales performance. Therefore, the Group’s wholesaling revenue significantly rose by 190.6% to HK$1,117,398,000 (2024: HK$384,576,000), accounting for 16.3% (2024: 7.1%) of the Group’s total revenue. Its segment profit turned around from a loss to a profit of HK$107,938,000 (2024 loss: HK$68,552,000), accounting for 12.5% (2024: -12.4%) of the total, and its segment profit margin was 9.7% (2024: -17.8%). As the segment profit of wholesaling business included profits from inter-segment sales to self-operated shops, if including inter-segment sales in the denominator, its segment profit margin would be 4.4% (2024: -5.7%). During the Period under review, the licensing income increased by 16.6% to HK$470,700,000 (2024: HK$403,808,000) due to the improved sales in Mainland, accounting for 6.9% (2024: 7.4%) of the Group’s total revenue. Its segment profit margin was 58.6% (2024: 59.2%), while its segment profit increased by 15.5% to HK$275,941,000 (2024: HK$239,002,000), accounting for 32.1% (2024: 43.2%) of the total. During the Period under review, the average international gold price in USD per ounce increased by nearly 91% year-on-year, leading to a decline in gold sales by weight. As a result, the sales of gold and platinum products increased by 11.0% only to HK$4,096,254,000 (2024: HK$3,688,804,000), accounting for 64.3% (2024: 73.1%) of the overall sales amount (revenue of the Group minus licensing income). Its gross margin increased by 2.8 p.p. to 30.3% (2024: 27.5%) because of the rise in gold prices. Gross profit from gold and platinum products therefore increased by 22.3% to HK$1,240,181,000 (2024: HK$1,013,756,000), accounting for 59.7% (2024: 66.7%) of the overall gross profit (consolidated gross profit of the Group minus gross profit of licensing income). On the other hand, the sales of fixed price jewellery products increased by 67.9% to HK$2,276,429,000 (2024: HK$1,356,021,000), accounting for 35.7% (2024: 26.9%) of the overall sales amount (revenue of the Group minus licensing income). Nevertheless, due to a significant increase in the mix of wholesaling revenue from fixed price jewellery products, which has lower gross margin than retailing, gross margin for fixed price jewellery products therefore decreased by 0.5 p.p. to 36.8% (2024: 37.3%). Its gross profit, however, increased by 65.6% to HK$837,697,000 (2024: HK$505,957,000), accounting for 40.3% (2024: 33.3%) of the overall gross profit (consolidated gross profit of the Group minus gross profit of licensing income). During the Period under review, the overall SSS of the Group was +7.7% (2024: -34.3%). SSS for gold and platinum products was +2.7% (2024: -35.6%) and +22.2% (2024: -30.3%) for fixed price jewellery products. During the Period under review, the Group operated a total of 2 brands and 4 sub-brands/ product lines under the multi-brand strategy. There was a net decrease of 174 shops globally, including a net decrease of 173 “Lukfook” shops and 1 “3DG Jewellery” shop. As at 30 September 2025, the Group had a global network of 3,113 shops (2024: 3,408 shops), including 2,632 “Lukfook” shops (2024: 2,931 shops), with business spanning across Hong Kong, Macao, Mainland, the United States, Canada, Australia, Malaysia, Cambodia, the Philippines, Laos, Thailand and Vietnam; In addition, the Group had 238 “3DG Jewellery” shops (2024: 225 shops) in Hong Kong and Mainland; 40 “Lukfook Joaillerie” shops (2024: 35 shops) in Macao, Mainland, Malaysia and the United States, and operated 22 “Goldstyle” shops (2024: 35 shops), 163 “Heirloom Fortune” shops (2024: 165 shops) in Mainland, and 17 “Love LUKFOOK JEWELLERY” shops and 1 shop (2024: 0 shop) in Mainland and Thailand respectively. Mr. Wong Wai Sheung, Chairman and Chief Executive Officer of the Group concluded, “Gold prices hit new highs again starting in September. Although sales were impacted during the first week of September, they began to gradually recover from the second week onward, indicating that consumers have gradually adapted to higher gold prices. From 1 October to 21 November 2025, the Group continued to record satisfactory sales growth across all markets. SSS in both the Hong Kong, Macao and overseas market and the Mainland market recorded double digit growth. The Mainland market exhibited significant improvement compared to the second quarter of the current financial year, while performance in the Hong Kong, Macao and overseas market remained broadly in line with that of the second quarter. The Group has set up its new three-year corporate strategy starting from FY2025/26 with Overseas Market Expansion, Market-oriented Products and Operational Efficiency Enhancement as its three main focuses so as to foster its future business growth.” ~End~ Same Store Sales (“SSS”) represented a comparison of sales of the same self-operated shop having full day operations in the comparable periods and such data did not include sales of licensed shops and Mainland’s e-commerce business Hong Kong, China: Hereafter refers to as “Hong Kong” Macao, China: Hereafter refers to as “Macao” Chinese Mainland: Hereafter refers to as “Mainland”
24 /
11
Lukfook Group Nurtured Emerging Talent Continued to Sponsor “Outstanding Industrial Attachment Scholarships” and “VTC Design Education Fund”
(24 November 2025) — Luk Fook Holdings (International) Limited (“Lukfook” or the “Group”) (Stock Code: 0590) is pleased to announce that the Group has been supporting the “Outstanding Industrial Attachment Scholarships” and the “VTC Design Education Fund” organised by the Hong Kong Institute of Vocational Education since 2014, contributing to the cultivation of exceptional design talent in Hong Kong. Mr. Wong Wai Sheung, Chairman and Chief Executive Officer of Lukfook Group, said, “The Group has always been committed to the community, upholding the spirit of giving back to society. We are dedicated to promoting the development of the local design industry and actively nurturing the next generation of talent. Over the years, we have collaborated with various educational institutions to provide the younger generation with diverse learning and practical opportunities, encouraging them to unleash their creativity and enhance their professional skills, thereby laying a solid foundation for their entry into the design industry and their overall career development. The Group will continue to invest resources to support local talent, injecting fresh vitality into the sustainable development of the industry and society to jointly create a brighter future.” The Hong Kong Institute of Vocational Education is a member institution of the Vocational Training Council, is dedicated to providing high-quality vocational and professional education and training courses. Through awarding scholarships, it recognises outstanding students and encourages their active participation in holistic development activities, guiding them to excel in their careers or further studies and paving the way for their success. Mr. Tse Moon Chuen, Non-executive Director of Lukfook Group (3rd left), served as an award presenter ~End~