Summary by Moomoo AI
Chow Tai ?$#@$ Jewellery Group Limited has announced unaudited key operating data for the three months ended 31 March 2024. The data showed that the Group's retail value grew by 12.4% year-on-year, with retail value in Mainland China and Hong Kong, Macau, China and other markets growing by 12.4% and 12.8%, respectively. In terms of same-store sales, the Mainland of China declined 2.7%, while Hong Kong and Macau, China, respectively, grew by 4.5% and 8.9%, and Macao same-store sales decreased by 7.1%. The gold jewellery and products categories increased by 3.4% and 16.6%, respectively, in the Mainland of China and Hong Kong-Macau. THE JEWELLERY, PLATINUM AND GOLD JEWELLERY CATEGORIES SHOWED WEAK SALES PERFORMANCE, WITH PEER SALES DECREASING BY 19.5% AND 27.2% IN MAINLAND CHINA AND HONG KONG-MACAU RESPECTIVELY. The company emphasizes that the above data is unaudited and reminds investors to exercise caution when buying and selling shares. The announcement was made by the Chairman, Dr. Cheng Jia-Chun, on 12 April 2024.