Luk Fook Holdings (00590) announces a profit increase, with expected mid-term profits increasing by about 40% to 50% year-on-year.

The Jofco Group (00590) announced that it expects its revenue for the six months ending on September 30, 2025 to increase by about 20% to 30% compared to the same period last year. This is mainly due to effective product differentiation and sales strategies, which have successfully driven a significant increase in the sales of priced jewelry products. In addition, the Group expects its net profit for the period to increase by about 40% to 50% compared to the same period last year, primarily benefiting from the rise in gold prices, an increase in the proportion of priced jewelry product sales, and operational leverage driving an increase in profit margin.