Luk Fook Group (00590) recorded a 32% year-on-year increase in overall retail value in the first quarter.

Chinatimes Financial News App reports that Luk Fook Group (00590) announced that 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 first quarter both increased by 32% and 43% respectively compared to the previous year. Among them, the proportion of retail value of gold and platinum products increased by 6 percentage points annually to 82% due to the significant growth in the sales of investment gold products.