Chuanghai Jewelry (08537.HK) announces a profit gain, with expected annual net profit increasing by approximately 16 million Hong Kong dollars compared to the previous year.

Zhixing Finance and Economics APP News, Chuanghui Jewelry (08537.HK) announced that, based on the data for the year ending March 31, 2026, including a preliminary review and analysis of the unaudited comprehensive management accounts, it is expected that the group will achieve a net profit of approximately HK$16 million for the year ending March 31, 2026 (2025: net profit of approximately HK$500,000). The growth is mainly attributed to the recovery of the Hong Kong retail market during the period, the soaring gold prices, and an increase in sales of priced jewelry products, which have had a positive impact on the group's sales and revenue.