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The latest update is out from Time Watch Investments Ltd. ( (HK:2033) ).
Time Watch Investments Limited has issued a profit warning, expecting to record a loss of approximately HK$10.9 million for the first half of fiscal year 2025, contrasting with a profit of HK$11.5 million during the same period in fiscal year 2024. The anticipated loss is attributed to decreased revenue due to weak consumer sentiment in China’s retail market, influenced by ongoing international trade tensions and global economic fluctuations.
More about Time Watch Investments Ltd.
Time Watch Investments Limited is a company incorporated in the Cayman Islands, primarily operating in the watch industry. The company and its subsidiaries focus on the retail market, with significant operations in China.
YTD Price Performance: 4.69%
Average Trading Volume: 224,580
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$689.5M
See more insights into 2033 stock on TipRanks’ Stock Analysis page.