Citychamp Reports Decreased Mid-Year Profits

Citychamp Watch & Jewellery Group (HK:0256) has released an update.

Citychamp Watch & Jewellery Group Limited reports unaudited interim financial results for the first half of 2024, revealing a total revenue of HK$710,313,000, a decrease from the previous year’s HK$810,244,000. The company experienced a profit for the period of HK$3,708,000, significantly lower than HK$26,237,000 reported in the same period in 2023. Key figures include net interest income from banking business and sales from non-banking and financial businesses among other financial activities.

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