Sincere Watch (Hong Kong) (HK:0444) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Sincere Watch (Hong Kong) reported a significant drop in revenue for the first half of fiscal year 2025, with figures falling from HK$90,092,000 to HK$35,575,000 compared to the same period last year. Despite an increase in gross profit, the company faced higher finance costs and impairment losses, leading to a wider net loss of HK$75,864,000. These results reflect ongoing challenges in the market, impacting the company’s financial performance.
For further insights into HK:0444 stock, check out TipRanks’ Stock Analysis page.