Ernest Borel’s 2025 Loss Widens as Revenue and Margins Slide

An announcement from Ernest Borel Holdings Ltd ( (HK:1856) ) is now available.

Ernest Borel Holdings Limited reported a sharp deterioration in its 2025 financial performance, with turnover falling about 20% year on year to HK$79.3 million and gross profit margin halving to 4.1%, dragging gross profit down to HK$3.3 million. The watchmaker’s loss attributable to shareholders widened to HK$52.5 million, translating into a deeper per-share loss of 14.57 Hong Kong cents.

Operating expenses remained heavy despite the revenue decline, as distribution and administrative costs together continued to significantly exceed gross profit. Management also confirmed that no final dividend will be paid for 2025, underscoring ongoing pressure on cash flow and signaling continued financial strain for shareholders and other stakeholders.

The most recent analyst rating on (HK:1856) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Ernest Borel Holdings Ltd stock, see the HK:1856 Stock Forecast page.

More about Ernest Borel Holdings Ltd

Ernest Borel Holdings Limited is a Hong Kong-listed watchmaker incorporated in the Cayman Islands, focusing on the design, manufacture and distribution of wristwatches. The group operates primarily in the mid- to high-end segment, with sales concentrated in Asian markets, and derives its revenue from the sale of branded timepieces through wholesale and retail channels.

Average Trading Volume: 46,041

Technical Sentiment Signal: Sell

Current Market Cap: HK$565.6M

For an in-depth examination of 1856 stock, go to TipRanks’ Overview page.