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RAPAPORT… Chow Tai Fook’s sales and profit tumbled in the first fiscal
half as consumer sentiment waned and tourist spending fell.
Revenue fell 23.5 percent to $2.78 billion (HKD 21.53 billion) in the three months that ended
September 30, the Hong Kong-based jeweler reported. Profit dived 19 percent to $163.5 million, weighed by a 5.2 percent decline in Hong Kong tourist
arrivals from Mainla…

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