Overview
Hong Kong watch ODM's interim revenue for six months to June 2026 rose 54% yr/yr
Profit attributable to owners for period increased to HK$2.05 mln from HK$1.06 mln
Company says gross profit rose mainly due to increased sales
Outlook
Company did not provide specific financial guidance for the current or future periods in the press release
Result Drivers
HIGHER SALES - Co said gross profit increase was mainly due to higher sales volumes
LOWER COMMISSIONS - Selling and distribution expenses fell due to lower commissions paid
LOWER DEPRECIATION - Administrative expenses fell due to lower depreciation charges
REDUCED FINANCE COSTS - Finance costs declined due to lower bank borrowings
Key Details
Metric
H1 Revenue
Beat/Miss
Actual
HK$83.48 mln
Consensus Estimate
Reuters Recommended Reads
Aug 20 - Hong Kong's Emperor Watch & Jewellery H1 net profit jumps 64% on strong demand
Aug 20 - Hong Kong's Stella International H1 profit hit by costs
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