CHOW TAI FOOK (01929) Issues Positive Profit Alert, Expects Net Profit for the First Half of Fiscal Year 2027 to Increase by Approximately 90100% Year-on-Year
CHOW TAI FOOK (01929) announces that the Group's net profit for the six months ended September 30, 2026 (the first half of fiscal year 2027) is expected to increase by approximately 90100% compared with the same period last year, mainly attributable to (a) a fair value gain arising from the remeasurement of gold borrowing contracts recorded in the first half of fiscal year 2027, compared with a fair value loss recorded in the same period last year; and (b) improved sales in the Group's core markets.
CHOW TAI FOOK (01929) announces that the Group's net profit for the six months ended September 30, 2026 (the first half of fiscal year 2027) is expected to increase by approximately 90100% compared with the same period last year, primarily attributable to (a) a fair value gain arising from the revaluation of gold borrowing contracts recorded in the first half of fiscal year 2027, compared with a fair value loss recorded in the same period last year; and (b) improved sales in the Group's core markets.
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