Luk Fook Holdings

Established in 1991, Luk Fook Holdings (International) is a leading jewellery retailer in Hong Kong and China. It principally is engaged in sourcing, designing, wholesaling, trademark licensing and retailing of a variety of platinum and gold jewellery, gold ornaments, gem-set jewellery, jadeites, gemstones and other accessory items, with a total of over 950 retail outlets in the PRC, Hong Kong, Macau, Singapore, the United States and Canada. It listed on the Hong Kong Stock Exchange in 1997.

Luk Fook profits up, slower growth ahead

Luk Fook Holdings (International) expects weaker demand for jewellery from mainland consumers this year after strong net profit growth of 54 per cent for the last fiscal year.

Friday, 29 June, 2012, 12:00am

Luk Fook shares buoyed by news of rosy profits

Luk Fook Holdings stocks rose nearly 9 per cent yesterday after the company reported its net profit for the six months to September 30 had more than doubled, but analysts warned of a possible slowdown in the second half of the financial year.

The Hong Kong-based jeweller rose 8.8 per cent in intraday trading before closing 6.54 per cent higher at HK$30.15.

30 Nov 2011 - 12:00am

Glittering results

Shares of Luk Fook Holdings (International) rose as much as 6 per cent before closing at a record high of HK$4.14 yesterday after the jewellery retailer said full-year earnings more than doubled. Net profit rose 107 per cent to HK$198 million in the 12 months to March from HK$95.7 million a year earlier, said chief executive William Wong (pictured).

26 Jul 2007 - 12:00am

Expanding jewellery company needs a PR specialist

A leading jewellery retailer seeks a public relations specialist who thoroughly understands how to act as a representative of the company and cultivate the brand image.

Luk Fook Holdings (International) sources, designs and retails gold jewellery, ornaments, gem-set jewellery, gemstones and accessories.

20 Jan 2007 - 12:00am

Luk Fook opens 16th

Luk Fook Holdings (International) will open an outlet in Tuen Mun tomorrow, the jeweller's 16th. The group said it had focused expansion on the New Towns due to residents' high purchasing power. The Tuen Mun store follows a successful new branch in the Yuen Long area.

22 Jan 1999 - 12:00am

Luk Fook may grow

Jewellery retailer Luk Fook Holdings is contemplating opening stores, given its net cash position. The company yesterday said it had repaid all debts and held $50 million cash. It was consolidating the existing 14 outlets and might open new stores if it secured appropriate locations.

2 Jun 1998 - 12:00am

Luk Fook secures rent revision

Jewellery retailer Luk Fook Holdings (International) said it had secured a cut in its rental bill of more than $800,000 for the current year in order to control its operating costs.

1 May 1998 - 12:00am

Luk Fook's profits glitter

Gold jewellery retailer Luk Fook Holdings has reported an attributable profit of $43.2 million in the six months ended September, up from $17.3 million with the help of $9.7 million in exceptional interest income earned from its listing in May. Earnings per share rose from 5.06 cents to 9.96 cents, or 7.72 cents excluding the exceptional gain.

19 Dec 1997 - 12:00am

Luk Fook 111 times subscribed

Jewellery retailer Luk Fook Holdings (International) says its $114 million share offer was 111.1 times subscribed.

The company said it received applications for a total of 11.39 billion shares for the 114 million shares it offered to investors.

30 Apr 1997 - 12:00am