HK Stock Market Move | CHOW TAI FOOK (01929) opened more than 5% higher. Annual net profit increased by 52.2% year-on-year. Proposed final dividend of HK$0.45.

CHOW TAI FOOK (01929) opened more than 5% higher, with a 5.22% increase at the time of this report, trading at 11.7 Hong Kong dollars, with a total transaction amount of 165.348 million Hong Kong dollars. In terms of news, CHOW TAI FOOK released its annual results for the year ending March 31, 2026, with revenue of 94.398 billion Hong Kong dollars, a year-on-year increase of 5.3%; the company's attributable profit to shareholders was 9.004 billion Hong Kong dollars, a year-on-year increase of 52.2%; it plans to pay a final dividend of 0.45 Hong Kong dollars per share, with a total annual dividend per share of 0.67 Hong Kong dollars, a year-on-year increase of 28.8%. During the period, the gross profit margin increased to 32.3%, benefiting from the soaring gold prices and the contribution of sales of unique, high-margin signature product series. With effective cost control, operating profit increased by 27.8% year-on-year to 18.85 billion Hong Kong dollars, and the operating profit margin reached a five-year high of 20.0%. Additionally, CHOW TAI FOOK announced that from April 1 to May 31, 2026, the group's retail value increased by 14.7% year-on-year.