Luk Fook Holdings said that for the six months ended September 30, 2013, it expects a sharp increase in profits, which is due to good sales figures for gold jewelry. Based in Hong Kong jewelry retailer also said that there is encouraging growth in sales of jewelry with precious stones, reports Rapaport.
The group will publish its interim financial indicators at the end of November. Earlier, Luk Fook reported a 56% increase in sales of gold products in comparable stores, as well as an increase in sales of jewelery with precious stones by 10%