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Friday, 27th August 2004 (6028 views)

Jeweller Chow Sang Sang has seen a 258 per cent surge in first-half profit to HK$86 million as the retail industry enjoys a period of sustained growth.<BR/><BR/>Boosted by an upturn in tourism, the figures suggest that the jewellery sector in the region is starting to prosper.<BR/><BR/>Chow Sang Sang said that in July the momentum had continued, with a 30 per cent increase in sales. <BR/><BR/>Turnover at the firm rose 60 per cent to HK$4.25 billion, providing a boost for group general manager Vincent Chow.<BR/><BR/>Mr Chow told The Standard that the company was now planning to spend HK$3 million doing up its stores, as well as opening a number of new branches.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=3291839"/>

 

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