By  on November 26, 2013

HONG KONG — Chow Tai Fook, the largest jewelry retailer in the world by market value, posted a 90 percent increase in net profit for the six-month period ended Sept. 30, boosted by strong sales of gold products and improved consumer sentiment in Mainland China.

The Hong Kong-based company posted net profit of 3.6 billion Hong Kong dollars, or $464.37 million, for the first half of the 2013/2014 fiscal year. Revenue rose 48.5 percent to 37.7 billion Hong Kong dollars, or $4.8 billion.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus