Chow Tai Fook Jewellery Group's (HKG:1929) retail sales value declined 12% year over year in the first quarter of 2025, a Thursday Hong Kong bourse filing said.

Of this, the jewelry company's retail sales value fell 10% in mainland China and 21% in Hong Kong, Macau, and other markets.

Same-store sales decreased by 13% in mainland China, while those in Hong Kong, Macau, and other markets plunged 23%.