CHOW SANG SANG (00116) announced its interim results for the six months ended June 30, 2025. The company reported revenue from continuing operations of HK$11.036 billion, down 2.45% year-on-year, while shareholder profit reached HK$902 million, representing a significant increase of 71.44% compared to the same period last year. Basic earnings per share stood at HK$134.2 cents, and the company proposed an interim dividend of HK$21 cents per share.
According to the announcement, the group's gross margin improved by 5.2 percentage points to 33.5%. During the period, the continued rise in gold prices contributed to higher gross margins on gold merchandise sales. The restructuring of the store network and other cost control measures helped reduce costs, further contributing to profit growth. Additionally, the improvement in gross margin was attributed to the group's adjustment of its product mix, focusing more on high-margin products.