LUK FOOK HOLD (00590) has announced that its overall sales performance in the second quarter has successfully built upon the growth momentum from the previous quarter, aided by a low base effect. In Q2 of the fiscal year 2026, the overall retail value (including self-operated stores, branded stores, and e-commerce activities) and retail revenue (including self-operated stores and e-commerce activities) increased by 18% and 15% year-on-year, respectively. Notably, the proportion of retail value from priced gold products rose by 4 percentage points compared to the same period last year, reaching 16%. Same-store sales further improved to +10% in the second quarter. Despite an approximate 40% year-on-year surge in the international average gold price (dollars per ounce), which hit a new peak in September, same-store sales of gold products on a weight basis improved from flat in the previous quarter to +6%. Same-store sales of priced jewelry also increased to +25%, with priced gold products’ same-store sales rising significantly by 67%, while the decline in diamond product sales narrowed to -10%. In Hong Kong, Macau, and overseas markets, retail value and revenue grew by 13%, and same-store sales showed improvement with a double-digit increase of +11%. The Chinese mainland market performed well overall, with retail value increasing by 20% and retail revenue rising by 23%, driven mainly by e-commerce. Same-store sales for overall gold products and priced products were +6% and +25%, respectively, with same-store sales of priced gold products growing by 67%. During the second quarter, the group saw a net reduction of 49 stores. As of September 30, 2025, the group opened 8 overseas stores and made its first entry into the Vietnamese market. In the first two weeks of October, same-store sales in all markets exceeded those of the second quarter.