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Time Watch Investments Ltd. Reports Revenue Decline and Loss for 1H FY2025

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Time Watch Investments Ltd. Reports Revenue Decline and Loss for 1H FY2025

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Time Watch Investments Ltd. ( (HK:2033) ) has issued an announcement.

Time Watch Investments Ltd. reported a significant decline in revenue and profitability for the first half of fiscal year 2025, with revenue dropping by approximately HK$89 million compared to the same period in the previous year. The company experienced a loss of HK$10.9 million, a stark contrast to the HK$11.5 million profit recorded in the first half of fiscal year 2024. The board did not recommend an interim dividend, reflecting the challenging financial performance. This downturn may impact the company’s market positioning and stakeholder confidence.

More about Time Watch Investments Ltd.

Time Watch Investments Ltd. is a company incorporated in the Cayman Islands, operating in the watch industry. It focuses on the production and sale of watches and related products.

YTD Price Performance: 6.25%

Average Trading Volume: 369,533

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$699.7M

See more data about 2033 stock on TipRanks’ Stock Analysis page.

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