Citychamp Watch & Jewellery Group H1 2025 Revenue Down 26% to HK$523.7 Million, Reports Net Loss of HK$51.6 Million; Diluted EPS at (HK 0.97 cent)
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Citychamp Watch & Jewellery Group Limited reported a 26% decline in H1 2025 revenue to HK$523.7 million, with a net loss of HK$51.6 million compared to a profit of HK$3.71 million in H1 2024. Sales fell 83% to HK$83.84 million due to adverse macroeconomic conditions and reduced consumer spending. Operating expenses decreased slightly, while income from trading activities rose 59%. The group is focusing on improving performance through centralized control and innovation in smartwatches and wearable devices.
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