Chow Sang Sang Projects Major Profit Leap in First Half, Bolstered by Retail Momentum and Valuation Gains
Stock News
Aug 17
CHOW SANG SANG (00116) has issued a positive profit alert, announcing that it expects to record a profit attributable to shareholders from continuing operations of approximately HK$2.1 billion to HK$2.2 billion for the six months ending 30 June 2026.
This anticipated figure represents a substantial increase compared to the HK$910 million reported for the same period in 2025.
The projected growth is primarily attributed to enhanced sales performance within the retail business segment across key markets, alongside unrealised gains from the mark-to-market valuation of precious metal borrowings, contrasting with the unrealised losses recorded in the corresponding period of the previous year.
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