Due to high gold prices (up over 30%), product sales were suppressed, leading to a 12.9% YoY decline in LUK FOOK HOLD (00590.HK) -0.050 (-0.239%) Short selling $4.81M; Ratio 24.033% 's FY2025 revenue to $13.3 billion, according to DBS Group Research's research report. Furthermore, due to a $493 million loss from gold hedging (up 306.9%) and a higher base from one-off asset revaluation gains in FY2024, LUK FOOK HOLD' net profit fell by 39.3% to $1.1 billion. The broker noted that, excluding hedging losses and base effects, core profit only slightly decreased by 6.3%, suggesting the Group remains supportive.Related NewsCiti Raises LUK FOOK HOLD (00590.HK) TP to HKD25.4, Maintains Buy RatingGiven the strong recovery in 1FQ26 and a robust mid-term outlook, DBS Group Research lifted its target price for LUK FOOK HOLD from $21.03 to $23.17, based on a 9x rolling PE ratio, equivalent to approximately -0.5 SD of its 10-year average PE ratio, with rating kept at Buy. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-04 12:25.)