Understanding the Market | LAOPU GOLD rose over 10% in the afternoon, with a 285% year-on-year increase in net profit for the first half of the year, declaring an interim dividend of 9.59 yuan
LAOPU GOLD rose over 10% in the afternoon, up 10.23% as of the time of writing, priced at HKD 792, with a transaction volume of HKD 1.309 billion. In terms of news, LAOPU GOLD announced its performance for the six months ending June 30, 2025, reporting revenue of RMB 12.354 billion, a year-on-year increase of 251%; the profit attributable to the company's owners was RMB 2.268 billion, a year-on-year increase of 285.8%. During the reporting period, the group's gross profit was approximately RMB 4.705 billion, an increase of approximately RMB 3.35 billion compared to the gross profit of approximately RMB 1.455 billion in the same period of 2024, representing a growth rate of approximately 223.4%. A mid-term dividend of RMB 9.59 was declared, compared to no dividend in the same period last year. The announcement noted that as of June 30, 2025, the group had opened 41 self-operated stores in 16 cities, all located in 29 well-known commercial centers with strict admission requirements, including 6 stores in the SKP series and 11 stores in the MixC series. In the first half of 2025, the company entered 3 new commercial centers and optimized and expanded 2 stores in the already established commercial centers
According to the Zhitong Finance APP, LAOPU GOLD (06181) rose more than 10% in the afternoon, with a current increase of 10.23%, priced at HKD 792, and a transaction volume of HKD 1.309 billion.
In terms of news, LAOPU GOLD announced its performance for the six months ending June 30, 2025, reporting revenue of RMB 12.354 billion, a year-on-year increase of 251%; the profit attributable to shareholders was RMB 2.268 billion, a year-on-year increase of 285.8%. During the reporting period, the group's gross profit was approximately RMB 4.705 billion, an increase of approximately RMB 3.35 billion compared to the gross profit of approximately RMB 1.455 billion in the same period of 2024, representing a growth rate of approximately 223.4%. A mid-term dividend of RMB 9.59 was declared, with no dividend declared in the same period last year.
The announcement pointed out that as of June 30, 2025, the group had opened 41 self-operated stores in 16 cities, all located in 29 well-known commercial centers with strict admission requirements, including 6 stores in the SKP series and 11 stores in the MixC series. In the first half of 2025, the company entered 3 new commercial centers and optimized the expansion of 2 stores in the already established commercial centers
