Oriental Watch Holdings ( (ORWHF) ) has released its Q2 earnings. Here is a breakdown of the information Oriental Watch Holdings presented to its investors.
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Oriental Watch Holdings Limited is a company incorporated in Bermuda, primarily engaged in the retail sale of watches across Hong Kong, Mainland China, Macau, and Taiwan, with a focus on luxury timepieces. The company operates in the retail sector, offering a range of high-end watch brands through its network of retail stores and online platforms.
In its latest earnings report for the six months ended 30 September 2025, Oriental Watch Holdings Limited reported a decline in revenue and profit compared to the previous year. The company generated HK$1,618 million in revenue, a 10.1% decrease from the same period in 2024, while profit attributable to owners of the company fell by 15.1% to HK$101 million. The gross profit margin also saw a slight decline, reflecting the challenging market conditions.
Key financial highlights from the report include a reduction in gross profit to HK$488 million and a decrease in earnings per share to 20.68 HK cents. The company attributed these declines to subdued consumer spending in the luxury market, particularly in Hong Kong and Mainland China, where economic challenges and cautious spending patterns have impacted sales. Despite these challenges, the company maintained a strong financial position with net current assets of HK$1,327 million and cash reserves of HK$979 million.
Looking ahead, Oriental Watch Holdings Limited plans to focus on strengthening its partnerships with leading brands and expanding its boutique network in prime locations to capture emerging affluent consumers. The company aims to enhance customer loyalty through premium service offerings while maintaining stringent cost management to support sustainable profitability in a volatile market environment.
Overall, Oriental Watch Holdings Limited remains committed to navigating the current economic challenges by leveraging its established market presence and operational efficiency to deliver consistent returns to shareholders.