Chow Tai Fook Jewellery Achieves Record Profit amid Brand Transformation

Chow Tai Fook Jewellery Group reported a stellar FY2026 performance, driven by a successful brand transformation amidst macroeconomic challenges and gold price volatility. Revenue rose by 5.3% to HK$94,398 million, supported by high-margin collections. The group's operating profit surged 27.8% to HK$18,850 million, and profit attributable to shareholders reached a record HK$9,004 million, a 52.2% increase year-on-year.

Operating profit margin escalated to a five-year high of 20.0%, with gross profit margin at 32.3%. Return on Equity improved to 28.4%. The firm opened its first global flagship store in Hong Kong and plans further expansion.

Chairman Dr. Henry Cheng emphasized the investment in brand desirability and digital engagement. Vice-chairman Ms. Sonia Cheng highlighted the group's ambition to redefine Chinese luxury globally. The company aims to double international RSV and expand its store network by FY2030.