Recent Insider Transactions • May 01
Founder recently bought HK$2.7m worth of stock On the 22nd of April, Wai Sheung Wong bought around 120k shares on-market at roughly HK$22.56 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$3.0m worth in shares. Price Target Changed • Mar 08
Price target increased by 7.1% to HK$34.41 Up from HK$32.13, the current price target is an average from 7 analysts. New target price is 22% above last closing price of HK$28.20. Stock is up 81% over the past year. The company is forecast to post earnings per share of HK$2.72 for next year compared to HK$1.87 last year. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$28.88, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 8x in the Specialty Retail industry in Hong Kong. Total returns to shareholders of 29% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at HK$55.71 per share. Declared Dividend • Nov 29
First half dividend of HK$0.55 announced Dividend of HK$0.55 is the same as last year. Ex-date: 10th December 2025 Payment date: 24th December 2025 Dividend yield will be 4.5%, which is lower than the industry average of 5.5%. Sustainability & Growth Dividend is covered by both earnings (50% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. EPS is expected to grow by 60% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 27
Luk Fook Holdings (International) Limited Declares Interim Dividend for the Six Months Ended 30 September 2025, Payable on or Around 24 December 2025 Luk Fook Holdings (International) Limited's Board has resolved to declare an interim dividend of HKD 0.55 per ordinary share (2024: HKD 0.55 per ordinary share) for the six months ended 30 September 2025, to shareholders whose names appear on the register of members of the Company on 12 December 2025. The interim dividend will be paid on or around 24 December 2025. Ex-dividend date is 10 December 2025. Announcement • Nov 11
Luk Fook Holdings (International) Limited to Report First Half, 2026 Results on Nov 27, 2025 Luk Fook Holdings (International) Limited announced that they will report first half, 2026 results on Nov 27, 2025 Price Target Changed • Oct 24
Price target increased by 10% to HK$28.15 Up from HK$25.50, the current price target is an average from 7 analysts. New target price is 9.1% above last closing price of HK$25.80. Stock is up 72% over the past year. The company is forecast to post earnings per share of HK$2.53 for next year compared to HK$1.87 last year. Buy Or Sell Opportunity • Oct 24
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to HK$25.80. The fair value is estimated to be HK$21.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has declined by 2.6%. For the next 3 years, revenue is forecast to grow by 10% per annum. Earnings are also forecast to grow by 17% per annum over the same time period. Recent Insider Transactions • Oct 17
Founder recently bought HK$245k worth of stock On the 9th of October, Wai Sheung Wong bought around 10k shares on-market at roughly HK$24.48 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$23m worth in shares. Price Target Changed • Aug 20
Price target increased by 7.6% to HK$24.73 Up from HK$22.98, the current price target is an average from 7 analysts. New target price is approximately in line with last closing price of HK$24.10. Stock is up 69% over the past year. The company is forecast to post earnings per share of HK$2.49 for next year compared to HK$1.87 last year. Upcoming Dividend • Aug 19
Upcoming dividend of HK$0.55 per share Eligible shareholders must have bought the stock before 26 August 2025. Payment date: 10 September 2025. Payout ratio is a comfortable 59% and the cash payout ratio is 83%. Trailing yield: 4.6%. Lower than top quartile of Hong Kong dividend payers (6.7%). Higher than average of industry peers (2.0%). Reported Earnings • Jul 30
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: HK$1.87 (down from HK$3.01 in FY 2024). Revenue: HK$13.3b (down 13% from FY 2024). Net income: HK$1.10b (down 38% from FY 2024). Profit margin: 8.2% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Specialty Retail industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Jun 29
Luk Fook Holdings (International) Limited Proposes Final Dividend for the Year Ended 31 March 2025, Payable on or Around 10 September 2025 Luk Fook Holdings (International) Limited proposed a final dividend of HKD 0.55 per ordinary share for the year ended 31 March 2025 (2024: final dividend of HKD 0.64 per ordinary share) to shareholders whose names appear on the register of members of the Company on 28 August 2025. Taking into account of the interim dividend paid, the total dividend for the year would amount to HKD 1.10 per ordinary share, totalling HKD 645,818,000 for the year (2024: HKD 1.41 per ordinary share, totalling HKD 826,871,000, including the special interim dividend paid by way of distribution in specie of 3DG International shares). Subject to the approval of the shareholders at the forthcoming annual general meeting (the "AGM") of the Company to be held on 21 August 2025, the final dividend will be paid on or around 10 September 2025. Price Target Changed • Jun 28
Price target increased by 7.9% to HK$19.22 Up from HK$17.82, the current price target is an average from 6 analysts. New target price is approximately in line with last closing price of HK$20.10. Stock is up 21% over the past year. The company is forecast to post earnings per share of HK$2.63 for next year compared to HK$1.87 last year. Reported Earnings • Jun 28
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: HK$1.87 (down from HK$3.01 in FY 2024). Revenue: HK$13.3b (down 13% from FY 2024). Net income: HK$1.10b (down 38% from FY 2024). Profit margin: 8.2% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 2.3%. Earnings per share (EPS) missed analyst estimates by 17%. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Specialty Retail industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat. Announcement • Jun 27
Luk Fook Holdings (International) Limited, Annual General Meeting, Aug 21, 2025 Luk Fook Holdings (International) Limited, Annual General Meeting, Aug 21, 2025. Valuation Update With 7 Day Price Move • Jun 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$22.00, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 9x in the Specialty Retail industry in Hong Kong. Total returns to shareholders of 62% over the past three years. Announcement • Jun 06
Luk Fook Holdings (International) Limited to Report Fiscal Year 2025 Results on Jun 26, 2025 Luk Fook Holdings (International) Limited announced that they will report fiscal year 2025 results on Jun 26, 2025 Recent Insider Transactions • Apr 13
Founder recently bought HK$9.2m worth of stock On the 7th of April, Wai Sheung Wong bought around 635k shares on-market at roughly HK$14.51 per share. This transaction amounted to 5.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$42m worth in shares. Recent Insider Transactions • Apr 02
Founder recently bought HK$2.4m worth of stock On the 27th of March, Wai Sheung Wong bought around 159k shares on-market at roughly HK$14.87 per share. This transaction amounted to 1.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$26m worth in shares. Recent Insider Transactions • Mar 27
Founder recently bought HK$938k worth of stock On the 20th of March, Wai Sheung Wong bought around 61k shares on-market at roughly HK$15.37 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$24m worth in shares. Reported Earnings • Dec 28
First half 2025 earnings released: EPS: HK$0.74 (vs HK$1.61 in 1H 2024) First half 2025 results: EPS: HK$0.74 (down from HK$1.61 in 1H 2024). Revenue: HK$5.45b (down 27% from 1H 2024). Net income: HK$434.5m (down 54% from 1H 2024). Profit margin: 8.0% (down from 13% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Specialty Retail industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Recent Insider Transactions • Dec 25
Founder recently bought HK$1.3m worth of stock On the 16th of December, Wai Sheung Wong bought around 94k shares on-market at roughly HK$13.80 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$23m worth in shares. Recent Insider Transactions • Dec 07
Founder recently bought HK$1.2m worth of stock On the 28th of November, Wai Sheung Wong bought around 80k shares on-market at roughly HK$14.60 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$22m worth in shares. Major Estimate Revision • Dec 03
Consensus revenue estimates fall by 16% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from HK$14.6b to HK$12.2b. EPS estimate fell from HK$2.68 to HK$1.88 per share. Net income forecast to grow 4.7% next year vs 9.5% growth forecast for Specialty Retail industry in Hong Kong. Consensus price target down from HK$19.79 to HK$17.46. Share price was steady at HK$14.80 over the past week. Price Target Changed • Nov 29
Price target decreased by 10% to HK$17.91 Down from HK$19.92, the current price target is an average from 9 analysts. New target price is 22% above last closing price of HK$14.66. Stock is down 33% over the past year. The company is forecast to post earnings per share of HK$1.90 for next year compared to HK$3.01 last year. Reported Earnings • Nov 29
First half 2025 earnings released: EPS: HK$0.74 (vs HK$1.61 in 1H 2024) First half 2025 results: EPS: HK$0.74 (down from HK$1.61 in 1H 2024). Revenue: HK$5.45b (down 27% from 1H 2024). Net income: HK$434.5m (down 54% from 1H 2024). Profit margin: 8.0% (down from 13% in 1H 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Specialty Retail industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Announcement • Nov 29
Luk Fook Holdings (International) Limited Announces Ordinary Interim Cash Dividend for the Six Months Ended 30 September 2024, Payable on 24 December 2024 Luk Fook Holdings (International) Limited announced ordinary interim cash dividend of HKD 0.55 per share for the six months ended 30 September 2024, payable on 24 December 2024. Record date is 12 December 2024. Ex-dividend date is 10 December 2024. Declared Dividend • Nov 28
Dividend of HK$0.55 announced Shareholders will receive a dividend of HK$0.55. Ex-date: 10th December 2024 Payment date: 24th December 2024 Dividend yield will be 8.3%, which is higher than the industry average of 5.5%. Sustainability & Growth Dividend is covered by both earnings (30% earnings payout ratio) and cash flows (58% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 40% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Nov 11
Luk Fook Holdings (International) Limited to Report First Half, 2025 Results on Nov 26, 2024 Luk Fook Holdings (International) Limited announced that they will report first half, 2025 results on Nov 26, 2024 Price Target Changed • Oct 15
Price target decreased by 9.0% to HK$19.92 Down from HK$21.88, the current price target is an average from 9 analysts. New target price is 35% above last closing price of HK$14.72. Stock is down 29% over the past year. The company is forecast to post earnings per share of HK$2.68 for next year compared to HK$3.01 last year. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to HK$16.74, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 9x in the Specialty Retail industry in Hong Kong. Negligible returns to shareholders over past three years. Recent Insider Transactions Derivative • Sep 17
Founder exercised options to buy HK$10m worth of stock. On the 10th of September, Wai Sheung Wong exercised options to buy 747k shares at a strike price of around HK$16.06, costing a total of HK$12m. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. Since September 2023, Wai Sheung's direct individual holding has increased from 9.51m shares to 11.05m. Company insiders have collectively bought HK$43m more than they sold, via options and on-market transactions, in the last 12 months. Recent Insider Transactions • Sep 15
Founder recently bought HK$476k worth of stock On the 9th of September, Wai Sheung Wong bought around 34k shares on-market at roughly HK$14.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$6.5m. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$19m worth in shares. Recent Insider Transactions • Aug 17
Founder recently bought HK$2.5m worth of stock On the 15th of August, Wai Sheung Wong bought around 170k shares on-market at roughly HK$14.59 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$6.5m. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$20m worth in shares. Upcoming Dividend • Aug 13
Upcoming dividend of HK$0.64 per share Eligible shareholders must have bought the stock before 20 August 2024. Payment date: 04 September 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 9.3%. Within top quartile of Hong Kong dividend payers (8.3%). Higher than average of industry peers (6.7%). Recent Insider Transactions • Aug 08
Founder recently bought HK$301k worth of stock On the 2nd of August, Wai Sheung Wong bought around 20k shares on-market at roughly HK$15.05 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$6.5m. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$17m worth in shares. Recent Insider Transactions • Jul 27
Founder recently bought HK$903k worth of stock On the 24th of July, Wai Sheung Wong bought around 60k shares on-market at roughly HK$15.06 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$6.5m. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$15m worth in shares. Recent Insider Transactions • Jul 07
Founder recently bought HK$1.7m worth of stock On the 2nd of July, Wai Sheung Wong bought around 105k shares on-market at roughly HK$16.29 per share. This transaction amounted to 1.1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$11m. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$3.7m worth in shares. Major Estimate Revision • Jul 05
Consensus revenue estimates fall by 12% The consensus outlook for revenues in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from HK$17.3b to HK$15.3b. EPS estimate fell from HK$3.40 to HK$2.83 per share. Net income forecast to shrink 5.9% next year vs 12% growth forecast for Specialty Retail industry in Hong Kong . Consensus price target down from HK$27.45 to HK$23.49. Share price fell 5.3% to HK$15.80 over the past week. Price Target Changed • Jul 02
Price target decreased by 8.4% to HK$25.15 Down from HK$27.45, the current price target is an average from 9 analysts. New target price is 55% above last closing price of HK$16.24. Stock is down 17% over the past year. The company is forecast to post earnings per share of HK$2.77 for next year compared to HK$3.01 last year. Declared Dividend • Jul 01
Dividend of HK$0.64 announced Shareholders will receive a dividend of HK$0.64. Ex-date: 20th August 2024 Payment date: 4th September 2024 Dividend yield will be 8.4%, which is higher than the industry average of 5.5%. Sustainability & Growth The dividend has increased by an average of 5.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 21% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jun 29
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: HK$3.01 (up from HK$2.19 in FY 2023). Revenue: HK$15.3b (up 28% from FY 2023). Net income: HK$1.77b (up 38% from FY 2023). Profit margin: 12% (in line with FY 2023). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 1.8%. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 8.3% growth forecast for the Specialty Retail industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Announcement • Jun 29
Luk Fook Holdings (International) Limited, Annual General Meeting, Aug 15, 2024 Luk Fook Holdings (International) Limited, Annual General Meeting, Aug 15, 2024. Recent Insider Transactions • Apr 27
Non-Executive Director recently bought HK$11m worth of stock On the 22nd of April, Hon Hung Li bought around 600k shares on-market at roughly HK$17.96 per share. This transaction amounted to 60% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought HK$21m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to HK$18.02, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 7x in the Specialty Retail industry in Hong Kong. Total returns to shareholders of 1.5% over the past three years. Price Target Changed • Dec 05
Price target increased by 7.5% to HK$27.85 Up from HK$25.91, the current price target is an average from 9 analysts. New target price is 25% above last closing price of HK$22.20. Stock is up 14% over the past year. The company is forecast to post earnings per share of HK$3.04 for next year compared to HK$2.19 last year. Upcoming Dividend • Dec 05
Upcoming dividend of HK$0.72 per share at 6.5% yield Eligible shareholders must have bought the stock before 12 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 6.5%. Lower than top quartile of Hong Kong dividend payers (8.5%). Higher than average of industry peers (4.9%). Reported Earnings • Nov 30
First half 2024 earnings released: EPS: HK$1.61 (vs HK$1.12 in 1H 2023) First half 2024 results: EPS: HK$1.61 (up from HK$1.12 in 1H 2023). Revenue: HK$7.49b (up 34% from 1H 2023). Net income: HK$942.7m (up 43% from 1H 2023). Profit margin: 13% (in line with 1H 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Specialty Retail industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Nov 29
Luk Fook Holdings (International) Limited Announces Interim Dividend for the Six Months Ended 30 September 2023, Payable on 29 December 2023 Luk Fook Holdings (International) Limited announced interim dividend of HKD 0.72 per share for the six months ended 30 September 2023, payable on 29 December 2023. Record date is 14 December 2023. Ex-dividend date is 12 December 2023. Announcement • Nov 23
Luk Fook Holdings (International) Limited Provides Consolidated Earnings Guidance for the Six Months Ended 30 September 2023 Luk Fook Holdings (International) Limited provided consolidated earnings guidance for the six months ended 30 September 2023. for the six months, the company expects Group expects its revenue and profit to increase by over 30% and over 40% respectively as compared to that of the corresponding period last year. The Board considers that this is mainly attributable to continuous improvement in sentiment in the retail markets of Hong Kong SAR, China1 and Macau SAR, China2 following the full reopening of borders amongst Hong Kong, Macau and Mainland China. Coupled with favourable gold sales, the Group's retailing business has returned to normalcy. The Group's performance was further enhanced by a higher overall gross margin due to much increased mix of retailing revenue and improved total operating expenses to revenue ratio. Announcement • Nov 11
Luk Fook Holdings (International) Limited to Report First Half, 2024 Results on Nov 29, 2023 Luk Fook Holdings (International) Limited announced that they will report first half, 2024 results on Nov 29, 2023 Recent Insider Transactions • Sep 21
Founder recently bought HK$1.4m worth of stock On the 13th of September, Wai Sheung Wong bought around 72k shares on-market at roughly HK$19.89 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$6.5m. Wai Sheung has been a buyer over the last 12 months, purchasing a net total of HK$18m worth in shares. Price Target Changed • Aug 22
Price target decreased by 7.5% to HK$26.07 Down from HK$28.20, the current price target is an average from 8 analysts. New target price is 34% above last closing price of HK$19.42. Stock is down 1.0% over the past year. The company is forecast to post earnings per share of HK$2.82 for next year compared to HK$2.19 last year. Announcement • Aug 18
Luk Fook Holdings (International) Limited Announces Management Changes Luk Fook Holdings (International) Limited announced that Mr. TSE Moon Chuen ("Mr. TSE"), a Deputy Chairman and Executive Director of the Company, did not offer himself for re-election as a deputy chairman at the Board Meeting held following to the AGM on August 17, 2023. With effect from the conclusion of the Board Meeting on August 17, 2023, Mr. TSE ceased to be a Deputy Chairman of the Company and was re-designated from Executive Director and Deputy General Manager to Non-executive Director and Honorary Consultant. Mr. TSE, aged 72, is the co-founder of the Group. Presently, he is a Non-executive Director and Honorary Consultant of the Group. He is also a member of the Nomination Committee. Mr. TSE has over 50 years of experience in jewellery retailing business and is responsible for the merchandising and production functions of the Group. Mr. TSE is an Executive Committee Member of the Diamond Federation of Hong Kong, China Limited, a Vice President of The Chinese Gold & Silver Exchange Society, the Vice Chairman of The Kowloon Pearls, Precious Stones, Jade, Gold and Silver Ornament Merchants Association, a Honorary Consultant of The Tsuen Wan Festival Lightings Organizing Committee, a President of the Kwun Tong District Junior Police Call (JPC) Honorary President Council, the 35th Vice Chairman of Macau Goldsmith's Guild, an Honorary President of Tsuen Wan Committee for Celebration of Reunification of Hong Kong with China, an Honorary President of Tsuen Wan Preparatory Community of National Day, a Vice President of Zhaoqing Overseas Friendship Association, an Executive Committee Member and Vice Director of Finance of Hong Kong Jewellers' & Goldsmiths' Association, a Vice Chairperson of Tsuen Wan District Fire Safety Ambassador Honorary Presidents' Association, an Honorary President of H.K. Gold & Silver Ornament Workers & Merchants General Union, the 14th Term Executive Director of Guangzhou Panyu Jewelry Manufacturers Association, the 21st Term Honorary Consultant of Hong Kong Precious Metals Traders Association Limited, the 9th Term Honorary President of Tsuen Wan District Elderly Welfare Association, an Honorary Chairman of Hong Kong Gemstone Manufacturers' Association and a Vice Chairman (Finance and Welfare) of the Jewellers & Goldsmiths' Association of Hong Kong Limited. Moreover, Mr. TSE was awarded the "Chief Executive's Commendation for Community Service" by the Government of the Hong Kong SAR. Upcoming Dividend • Aug 15
Upcoming dividend of HK$0.55 per share at 5.4% yield Eligible shareholders must have bought the stock before 22 August 2023. Payment date: 06 September 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (4.2%).