Laopu Gold Co Ltd Ordinary Shares - Class H

06181: XHKG (HKG)
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Laopu Gold Earnings: Valuation Cut 10% on Lower Store Count; Shares Remain Attractive

Laopu Gold's first-half revenue and net profit grew 61% and 88% year on year, respectively, consistent with its profit alert. The firm flagged sales pickups in July-August, supported by a gold price rebound and higher discounts. The interim dividend rose to CNY 18.02 per share from CNY 9.59 in 2025.

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