Chong Fai Jewellery Group (8537) Announces Interim Results for 2025

Bulletin Express
2025/11/28

Chong Fai Jewellery Group Holdings Company Limited (Stock Code: 8537) reported revenue of approximately HK$83.8 million for the six months ended 30 September 2025, representing an increase of about 30.9% compared to HK$64.0 million in the same period last year. Profit for the period was around HK$3.6 million, up from approximately HK$0.3 million in the prior year.

According to the announcement, the growth was driven by stronger demand in the Hong Kong retail market, accompanied by higher gold prices. The board does not recommend the payment of any interim dividend for the six months ended 30 September 2025.

During the period, the company acquired 17% of the issued share capital of Grand Rise Creation Limited for a cash consideration of HK$9.7 million. It also terminated its existing share award scheme but has adopted a new share option scheme with a scheme mandate limit of 10% of the issued shares as at the adoption date, in compliance with relevant GEM Listing Rules.

On 15 August 2025, the company completed a placing of 60,000,000 new shares at a price of HK$0.144 per share, raising net proceeds of about HK$8.3 million. Proceeds are intended for working capital and general corporate purposes. The announcement also noted no major future acquisition or disposal plans beyond those disclosed.

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