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CHOW TAI FOOK Opens 5.22% Higher as FY Net Profit Up 52%, Dividend Raised
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CHOW TAI FOOK (01929.HK)'s full-year net profit ascended 52.2% YoY to HKD9 billion, with the final dividend increased to HKD45 cents. Managing Director Kent Wong said performance in 1Q27 was better than expected and expressed confidence that the momentum will continue into 2Q27.

CHOW TAI FOOK opened 5.22% higher today at HKD11.7. Pre-market negotiated transactions amounted to 1.4134 million shares, involving HKD16.5368 million.

Related News M Stanley Cuts CHOW TAI FOOK (01929.HK) TP to HKD12.9, Lowers Earnings Forecasts; Reiterates Outperform

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