TIME WATCH announced its annual performance, with a loss attributable to shareholders of approximately HKD 17.5 million, turning from profit to loss year-on-year
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TIME WATCH announced its annual results for the year ended June 30, 2025, with revenue of approximately HKD 689.4 million, a year-on-year decrease of 21.7%; gross profit of approximately HKD 478 million, a year-on-year decrease of 25.5%. The loss attributable to shareholders was approximately HKD 17.5 million, a shift from profit to loss compared to the previous year, with a basic loss per share of HKD 0.09. A special dividend of HKD 0.01 per share is proposed. The performance loss was mainly due to a decline in revenue from sales of King of Watches and an increase in losses from changes in the fair value of investment properties
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