Luk Fook Holdings (International) Limited Announces Notable Q2 FY2026 Retail Sales Growth

Bulletin Express
10/21

According to the latest announcement by Luk Fook Holdings (International) Limited (the 「Company」), the Group’s retail sales value (RSV) for the second quarter of the financial year ending 31 March 2026 (1 July 2025 to 30 September 2025) rose 18% year-on-year, while retailing revenue climbed 15%. Same store sales (SSS) grew 10%. These improvements continued the momentum from the previous quarter and benefited from a low base effect. Notably, fixed price gold products registered a 67% SSS increase.

In the Hong Kong, Macau, and overseas market, both RSV and retailing revenue rose 13% year-on-year, and SSS reached 11%. The average selling prices in Hong Kong and Macau increased significantly. In the Mainland market, RSV grew 20%, largely driven by e-commerce performance, and retailing revenue grew 23%. Overall SSS in the Mainland improved 3%, with licensed shops recording a 27% same store sales increase.

As of 30 September 2025, the Group operated 3,113 shops worldwide, a net reduction of 49 during the quarter. Within the six months ended 30 September 2025, eight overseas shops were established, including the first shop in Vietnam. In the first two weeks of October 2025, same store sales across all markets surpassed the second quarter, indicating recovering demand despite elevated gold prices.

The Company remains cautiously optimistic about medium- and long-term prospects. While external factors such as trade policies and economic conditions continue to pose challenges, the Group plans to further expand its retail network, especially in the Mainland and overseas markets, aiming for a net addition of about 20 overseas shops in the current financial year. Shareholders and potential investors are reminded that the above data is based on internal records and has not been audited.

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