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IPMI and Industry News: Industry News

Chow Tai Fook Profits Soar

Friday, June 8, 2018  
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Chow Tai Fook FY profit soars 34 pct, in line with forecast

Chow Tai Fook Jewellery Group Ltd, China’s largest jeweller by market value, reported on Thursday a 34 percent jump in its full-year profit, underpinned by improved consumer sentiment and an uptick in mainland tourists to Hong Kong. The company had enjoyed a year of recovery in mainland China, Hong Kong and Macau, Chairman Henry Cheng said. - Reuters 06/08/2018

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