Laopu Gold revenue soars over robust China demand

The group’s average sales in shopping malls were $499.43m per shopping mall.

Chinese jeweller Laopu Gold Co. Ltd reported a profit for the period attributable to the owners of the company of $2.46b (RMB2.26b) in the six months ended 30 June 2025, attributable to strong offline and online sales.

The group’s revenue for the period increased 251% to $13.44bb (RMB12.35b). Gross revenue surged by 223.4% to $5.11b (RMB4.7b).

Average sales for the first half of 2025 were $499.43m per shopping mall. According to Frost & Sullivan, in the first half of 2025, amongst all jewellery brands (including both international and domestic jewellery brands), Laopu Gold ranked first in Mainland China in terms of average revenue per shopping mall and revenue per available square meter.

Though mainly an offline retail store, the brand reported that its Tmall flagship store topped the sales rankings in the gold category during the 2025 Tmall 618 shopping festival with a total transaction amount exceeding $1.09b, making it the first gold jewellery brand to achieve this result.

Laopu Gold achieved a total online channel sales amount of approximately $2.11b (RMB1.94b) for the reporting period.

An interim dividend of $10.43 (RMB9.59) per share for the six months ended 30 June 2025, has been proposed by the directors of the company.