Zhou Liu Fu falls 2% to 52-week low as interim profit drops 9%

Zhou Liu Fu (6168.HK) declined 2.26% in Hong Kong trading to HK$12.130.

The jewelry retailer's shares have continued to weaken, repeatedly touching historic lows. First-half revenue for the six months ended June 2026 fell 24.9% to approximately RMB 2.365 billion, while net profit dropped 8.9% to RMB 378 million. The company attributed the decline to gold price volatility and adjustments to its online gold bar business, which weighed on franchise and online revenue. However, offline self-operated retail revenue rose 13% year on year, with average revenue per store gaining 17% and same-store revenue growing 7% since the second quarter.

Zhou Liu Fu declared an interim dividend of RMB 0.44 per share (approximately HK$0.51), with a record date of Oct. 6, 2026, and expected payment on Oct. 30, 2026. The company has also been conducting share buybacks recently.

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