景福集团2025年中期财报：营收416.3百万港元，经调整净利润39.7百万港元

公告速递

Dec 18, 2025

本季度信息

景福集团公布截至2025年9月30日止6个月业绩，报告期内实现营收416.3百万港元，同比增长7.5%。经调整净利润为39.7百万港元，同比增加2.7百万港元，增幅7.2%。毛利率从上年同期的31.9%提升至34.2%。经营活动产生的现金净额约为3.52百万港元，而上年同期该数字为48.08百万港元。分销及销售成本较去年同期增加1.4百万港元，主要归因于员工薪酬和租赁折旧上升；行政开支同比增长2.5百万港元，也主要源于人员成本上调。

业务分项

集团零售业务收入达到415.7百万港元，同比增长7.4%，同店销售额则上升11.2%。其中黄金首饰和金条受益于国际金价波动和消费需求带动，销售规模有明显增长；珠宝业务得益于消费者对优质宝石与独特设计的偏爱，盈利水平逐步提升；钟表板块凭借与独立制表品牌合作，保持稳定增势。

下个财报期展望

管理层预计金价仍会持续波动，金条作为替代投资品的需求或将被进一步激发，同时固定价格黄金和黄金首饰产品可能延续良好趋势。钟表业务上，集团计划继续引进高品质独立制表品牌，并通过投资设计与工艺以满足多元消费需求。管理层也提及奢侈品市场中期仍存在回暖空间，并表示将持续加强人员培训及存货优化，以巩固市场地位。

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