LAOPU GOLD rose over 4%, expecting a profit warning with last year's net profit expected to increase by approximately 2.3 times

LAOPU GOLD (06181.HK) announced a profit warning at noon, expecting net profit to increase by 2.26 times to 2.33 times last year. The stock price surged after the afternoon market opened, currently reported at HKD 666, up 4.23%, with a trading volume of 678,500 shares, involving HKD 442 million.

LAOPU GOLD expects to achieve sales performance (including tax revenue) of approximately RMB 31 billion to 32 billion for the year ending December 31, 2025, representing an annual growth of approximately 216% to 227%; revenue is expected to be around RMB 27 billion to 28 billion, with an annual growth of approximately 217% to 229%; adjusted net profit measured under non-International Financial Reporting Standards (excluding the impact of employee stock-based compensation) is expected to be around RMB 5 billion to 5.1 billion, with an annual growth of approximately 233% to 240%; net profit is expected to be around RMB 4.8 billion to 4.9 billion, with an annual growth of approximately 226% to 233%.

The group indicated that the main reasons for the increase in revenue and net profit are the significant growth in overall revenue from online and offline stores, as well as the addition of 10 new stores and the optimization and expansion of 9 stores in 2025, contributing to incremental revenue