Chow Tai Fook Jewellery Group Ltd. announced unaudited group revenue results for the three months ended December 31, 2012. The group saw a moderate revenue growth of 4% mainly attributable to the contribution from new points of sale and mass luxury gem-set jewellery. Negative same store sales of 8% was recorded as a result of a high base of comparison from the same period last year and a weak market in Mainland China.

In particular, the National Day golden week sales performance in October was worse than expected dragging down sales in the third quarter significantly. Negative same store sales volume growth was 10%.