Jeweller Luk Fook climbs most in over 10 months on strong earnings, higher dividend
26/06/2026 03:32
BUZZ-Jeweller Luk Fook climbs most in over 10 months on strong earnings, higher dividend ** Shares of jewellery chain operator Luk Fook Holdings 0590.HK climb 6.6% to HK$21.78, on track for biggest one-day pct rise since August 7, 2025
** Stock on course to snap six straight sessions of declines
** Co said its net profit for fiscal year ended in March jumped 86% y/y to HK$2.05 bln ($261.45 mln), helped by strong demand for gold products and uptrend in gold prices
** Revenue up 29% y/y at HK$17.21 bln
** Co proposes a final dividend of HK$1.02 per share vs HK$0.55 each in the year-ago period
** YTD, stock down 8.6%, benchmark Hang Seng Index .HSI down 11.5%
($1 = 7.8409 Hong Kong dollars)
(Reporting by Donny Kwok)
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