Changes in Hong Kong stocks | Lao Shop Gold (06181) rose nearly 5% at the end of the session, Old Shop Gold announced that it will adjust product price increases on August 25

The Zhitong Finance App learned that Old Shop Gold (06181) rose nearly 5% at the end of the session. As of press release, it had risen 4.5% to HK$790, with a turnover of HK$887 million.

According to the news, on August 15, Old Gold released a price adjustment notice, and the product price increase will be adjusted on August 25. Product price adjustment details are based on the actual product price listed in online and offline stores. In addition, Laostore Gold will hold a board meeting on August 20 to consider and approve the interim results. The company previously expected revenue of about 12 billion yuan to 12.5 billion yuan for the first half of the year, an increase of about 241% to 255% over the previous year; net profit of about 2.23 billion yuan to 2.28 billion yuan, an increase of about 279% to 288% over the previous year.

Tianfeng Securities pointed out that the current brand potential of old gold has been verified, and the expansion of brand influence is driving high performance growth, which is very valuable in the domestic consumer environment. 25H1 maintained a high level of popularity in old gold terminal stores due to factors such as rising gold prices, shopping mall activities, and holidays, which led to further growth in performance. It is recommended to follow up on the company's peak sales season in August and possible price increases in the second half of the year.