According to the Zhitong Finance App, Chuanghui Jewelry (08537) announced the first quarter results for the three months ended June 30, 2023, with earnings of approximately HK$485.78 million, up 51% year on year; profit of HK$1,042 million, down 30.58% year on year; profit of HK$0.14 cents per share.
According to reports, the increase in earnings is mainly due to an increase in revenue from the sale of gold and jewelry products of about HK$7.3 million, an increase in revenue from sales of diamonds, gold, jadeite, pearls, and platinum jewelry products by about HK$3.3 million, and an increase in revenue from the recycled gold products trade of about HK$5.9 million.