• King Fook annual report flagged a tougher operating backdrop, citing geopolitical tension, tariff disputes, softer growth, record-high gold prices.
• Retail momentum improved, led by faster growth in gold products; demand for gold bullion rose as customers sought safe-haven assets.
• Rolled out lighter-weight gold lines to keep price points accessible; expanded diamond-inlaid gold ranges, led by “The Natal Buddha” collection.
• Watch strategy stayed focused on higher-end brands, including more independent watchmakers; targeted medium-to-high-end clients seen as more resilient.
• Board recommended a final dividend of HK$0.026 per share, special dividend of HK$0.08 per share; total payout HK$96.4 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. King Fook Holdings Limited published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260723-12253722), on July 23, 2026, and is solely responsible for the information contained therein.