CHOW TAI FOOK (CJEWY) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Here is how CHOW TAI FOOK (CJEWY) and Five Below (FIVE) have performed compared to their sector so far this year.
CHOW TAI FOOK (CJEWY) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
CHOW TAI FOOK (CJEWY) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
CHOW TAI FOOK (CJEWY) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Here is how CHOW TAI FOOK (CJEWY) and Nordstrom (JWN) have performed compared to their sector so far this year.
HONG KONG, CHINA / ACCESSWIRE / November 26, 2024 / Chow Tai Fook Jewellery Group Limited ("Chow Tai Fook Jewellery Group", the "Group" or the "Company"; SEHK stock code: 1929), today announces its interim results for the six months ended 30 September 2024 ("1HFY2025"). Results Highlights Our brand transformation journey, aimed at elevating brand desirability, gained strong momentum during the first half of FY2025 ("1HFY2025").
HONG KONG, CHINA / ACCESSWIRE / September 10, 2024 / Chow Tai Fook Jewellery Group Limited ("Chow Tai Fook Jewellery Group", the "Group" or the "Company"; SEHK stock code: 1929), the leading Chinese jeweller built on nearly a century of trust and innovation, is excited to announce the grand opening of its new concept store in Hong Kong.This revitalised retail presence and elevated customer experience marks a significant milestone for the Group as it continues to deliver on the multi-year brand transformation announced in April 2024. Celebrating Legacy, Delivering a Contemporary Retail Experience The new concept store meticulously showcases Chinese culture and exquisite craftsmanship, paying homage to the values which are deeply rooted in Chow Tai Fook's brand.
Results Highlights Embarking on a transformative journey with a vision "To be the leading global jewellery brand that is a trusted lifetime partner for every generation", a steadfast commitment to delivering sustained long-term value creation for all stakeholders The Group's revenue increased 14.8% to HK$108,713 million, or by 18.5% on a constant exchange rate basis. Core operating profit increased 28.9% to HK$12,163 million despite macro uncertainties Return on equity improved 820 basis points to 24.7% while core operating profit margin enhanced 120 basis points to 11.2%, with improvements across all operating markets, a strong testament to the diligent execution of five strategic priorities to strengthen competitiveness and enhance earnings quality Hong Kong, Macau and other markets experienced excellent business momentum, as its revenue climbed 45.6% year-on-year amid the continued recovery in inbound tourism Prudent capital management with strong liquidity and net cash position.