Time Watch Investments Reports Downturn in FY2024

Time Watch Investments Ltd. (HK:2033) has released an update.

Time Watch Investments Ltd. reported a decrease in annual revenue by 10.3% and gross profit by 11.1% for the fiscal year 2024, with overall profits attributable to owners falling by 9.3%. The company’s gross profit margin saw a slight decline from 73.4% in FY2023 to 72.8% in FY2024. Despite this downturn, Time Watch Investments proposed a final dividend and a special dividend for the year.

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