Oriental Watch Holdings ( (ORWHF) ) has released its Q4 earnings. Here is a breakdown of the information Oriental Watch Holdings presented to its investors.
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Oriental Watch Holdings Limited, a company incorporated in Bermuda, is primarily engaged in the trading of luxury watches and operates within the retail sector, with its shares listed on the Hong Kong Stock Exchange.
In its latest earnings report for the year ended March 31, 2025, Oriental Watch Holdings reported a 5.2% decline in turnover to HK$3,450 million, alongside a profit attributable to owners of the company of HK$200 million. The company declared a final dividend of 4.2 HK cents per share and a special dividend of 12.5 HK cents per share.
The company faced several challenges during the year, including macroeconomic pressures and a decline in consumer spending on luxury goods. Despite these challenges, the company’s Mainland China operations saw a modest revenue increase of 1.8%, while Hong Kong operations experienced a significant decline of 19.8% in revenue. The company also focused on cost management, particularly in rental expenses, and maintained a disciplined inventory replenishment strategy.
Looking ahead, Oriental Watch Holdings remains focused on optimizing its store network and operational efficiency to enhance service quality and brand recognition. Despite ongoing market uncertainties, the company is committed to maintaining prudent cost management and ensuring sustainable shareholder returns.