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LUK FOOK HOLDINGS (INTERNATIONAL) LIMITED

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Luk Fook International : Lukfook Group Received Recognition again in “BOCH...

09/24/2021 | 12:02am EST

(24 September 2021) - Luk Fook Holdings (International) Limited ("Lukfook" / the "Group") (Stock Code: 00590) is pleased to announce that the Group has been honoured again with the "BOCHK Corporate Environmental Leadership Awards", jointly organised by Federation of Hong Kong Industries ("FHKI") and Bank of China (Hong Kong) ("BOCHK"), standing out from a list of over 802 participating enterprises and being recognised as "EcoPartner" in "Services" sector two years in a row. Also, the Group's subsidiaries Luk Fook Jewellery (Guangzhou) Company Limited and Lee Fook Diamond & Jewellery (Guangzhou) Company Limited have been awarded the "EcoPartner" and "5 Years+ EcoPioneer Companies" in "Manufacturing" sector for six consecutive years, in recognition of the Group's contribution in promoting environmental protection.

Mr. Wong Wai Sheung, Chairman and Chief Executive Officer of the Group said, "Lukfook Group adheres to fulfill corporate social responsibility with continuous endeavours to commit in protecting the environment and community engagement, and reduces the environmental impacts within every single operating unit - from factories, retail shops to offices. The Group will continue to optimise our current environmental measures in order to deliver the best returns to the society while promoting sustainability."

Launched in 2015, the "BOCHK Corporate Environmental Leadership Awards", co-organised by FHKI and BOCHK, aims to encourage enterprises operating in Hong Kong and the Pan Pearl River Delta region to adopt environmental practices to fulfil corporate social responsibility and reduce environmental pollution.

Event Photo:

Mr. Tse Moon Chuen, Deputy Chairman & Deputy General Manager of Lukfook Group received the honour on behalf of the Group.

Certificates of Commendation:

~End~

Disclaimer

Luk Fook Holdings (International) Ltd. published this content on 24 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 September 2021 04:01:08 UTC.


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Financials
Sales 2022 11 564 M 1 485 M 1 485 M
Net income 2022 1 268 M 163 M 163 M
Net cash 2022 3 051 M 392 M 392 M
P/E ratio 2022 9,27x
Yield 2022 5,73%
Capitalization 11 860 M 1 523 M 1 523 M
EV / Sales 2022 0,76x
EV / Sales 2023 0,64x
Nbr of Employees 6 000
Free-Float -
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Luk Fook Holdings (International) Limited Technical Analysis Chart | 590 | BMG5695X1258 | MarketScreener
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Mean consensus OUTPERFORM
Number of Analysts 11
Last Close Price 20,20 HKD
Average target price 29,10 HKD
Spread / Average Target 44,0%
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Managers and Directors
Wai Sheung Wong Chairman & Chief Executive Officer
So Kuen Chan CFO, Secretary & Executive Director
Hau Yeung Wong Chief Operating Officer & Executive Director
Shu Kwan Ip Independent Non-Executive Director
Wing Sum Mak Independent Non-Executive Director