LUK FOOK HOLD (00590) The overall retail value, retail sales, and same store sales for the second quarter all outperformed the first quarter, increasing by 18%, 15%, and 10% respectively.

LUK FOOK HOLD (00590) announced that the overall sales performance of the group in the second quarter continued the growth momentum from the previous quarter, coupled with the low base effect, the overall retail sales performance in the second quarter was more ideal than the first quarter. The overall retail value (including self-operated stores, brand stores, and e-commerce business) and retail revenue (including self-operated stores and e-commerce business) of the Group in the second quarter of the 2026 financial year increased by 18% and 15% respectively compared to the previous year, and it is worth mentioning that the retail value of priced gold products accounted for an increased proportion of 4 percentage points to 16% compared to the same period last year. The overall same-store sales of the Group in the second quarter further improved to +10%. Although the international average gold price (per ounce against the US dollar) increased by about 40% annually during the quarter and broke records again in September, the sales amount of gold products priced by weight in the same-store sales improved from flat in the previous quarter to +6%. The same-store sales of priced jewelry products also increased to +25%, with same-store sales of priced gold products increasing by 67%, while the decline in diamond products narrowed to -10%. In the markets of Hong Kong, Macau, and overseas, retail value and revenue both increased by 13%; same-store sales also improved to a double-digit growth rate, reaching +11%. The overall performance in the mainland Chinese market was strong, with retail value increasing by 20% and retail revenue by 23%, mainly driven by e-commerce business. The same-store sales of gold products and priced products of the group increased by +6% and +25% respectively, with the same-store sales of priced gold products increasing by +67%. The Group closed 49 stores in the second quarter. As of the six-month period ending on September 30, 2025, the Group has 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 were better than in the second quarter.