In the fiscal year ending this March, Chow Tai Fook’s revenue increased 14.8% YoY to $13.96 billion (HK$108.71 billion), with operating profit rising 28.9% to $1.56 billion (HK$12.16 billion). The company’s primary gold jewelry and products generated 22.5% revenue growth due to their value retention and growing popularity among young consumers. Thanks to the recovery of outbound tourism among mainland residents, same-store sales in Hong Kong and Macau surged 42.4%, while the mainland market stabilized with growth of 1.8%.