G Sachs maintains a Neutral rating for LUK FOOK HOLD due to its strong earnings growth forecast for FY2026, driven by rising gold prices and a favorable product mix. The company expects a net profit increase of 80% to 90% year-on-year, exceeding previous estimates. However, G Sachs notes that while lower-cost inventory will support margins in the first half of 2027, fluctuations in gold prices will continue to impact margins.
