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01929 CHOW TAI FOOK
RTNominal up10.920 +0.180 (+1.676%)
Others

17/04/2018 11:54

Chow Tai Fook (01929) says HK & and Macau RSV up 11% in 1Q

[ET Net News Agency, 17 April 2018] Chow Tai Fook Jewellery Group (01929) said its
Retail Sales Value (RSV) for the three months ended 31 March grew 13% and 11% for Mainland
China, and Hong Kong and Macau markets respectively.
Meanwhile, Same Store Sales (SSS) growth of 7% and 17%, and SSS volume growth of 3% and
13% during the period for the markets respectively.
Chow Tai Fook said RSV and SSS performance of both Mainland China and Hong Kong and
Macau markets in the quarter continued to improve year-on-year. Hong Kong and Macau market
recorded a relatively stronger growth during the duarter, benefitting from the improving
consumer sentiment and reviving Mainland visitation. (KL)

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