Emperor Watch & Jewellery Posts Solid Interim Results

Emperor Watch & Jewellery (HK:0887) has released an update.

Emperor Watch & Jewellery Limited reported a revenue increase of 11.5% to HK$2,597 million in the first half of 2024, with a significant 77.4% jump in sales from its jewellery segment. Despite a challenging business climate, the company maintained stable net profits of HK$185 million and declared an interim dividend of HK0.65 cent per share. The Group continues to focus on its core strategy of leading retail in Greater China and expanding its presence, with a total of 90 stores across Hong Kong, Macau, Mainland China, Singapore, and Malaysia.

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