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Chow Sang Sang 2025 Profit Surges 113%
Chow Sang Sang posted 6% revenue growth to $2.9 billion in 2025, while profit surged 113% to $219 million, driven primarily by strength in gold.
Read original on RapaportBy Rapaport9 April 20261 min read
Executive Summary
Chow Sang Sang posted 6% revenue growth to $2.9 billion in 2025, while profit surged 113% to $219 million, driven primarily by strength in gold pricing.
Industry Impact
The results point to a retail margin shift in Greater China from diamond-led categories toward gold-led categories. Diamond merchandising allocation should be reviewed in light of stronger gold performance.
Next Steps
Reassess product-mix strategy for APAC accounts and adjust diamond-to-gold display ratios where appropriate.