Laopu Gold Reports Slower Growth as Falling Bullion Prices Dampen Chinese Jewelry Demand

Laopu Co. missed analyst estimates for first-half revenue and profit as declining gold prices reduced consumer appetite for luxury jewelry products in China.

25 Aug, 08:36 — 25 Aug, 08:36

Post Share

Sources

Showing 1 of 1 sources

bloombergHigh14h ago

Laopu Gold Growth Slows as Bullion Slide Hits Luxury Demand

Laopu Gold Co. reported a slower revenue and profit growth for the first half, missing analyst estimates as falling bullion prices dented Chinese consumers’ appetite for its jewelry.

By Bloomberg News

Read full article →

PERSPECTA

PERSPECTA

Laopu Gold Reports Slower Growth as Falling Bullion Prices Dampen Chinese Jewelry Demand

Sources

Laopu Gold Growth Slows as Bullion Slide Hits Luxury Demand

Related Stories

Treasury Secretary Bessent's Bond Strategy Faces Scrutiny and Criticism

Richtech Robotics Announces Stock Repurchase Program, Shares Rise

Analyst Reactions to Dick's Sporting Goods Stock Decline Following Earnings

Apollo, KKR, and IFM Investors Finalists in AB Ports Stake Sale

PERSPECTA