Time Watch Investments Limited (Stock Code: 2033) announced an expected loss attributable to owners of the Company of approximately HK$37.00 million for the six months ended 31 December 2025 (1HFY2026), higher than the loss of around HK$10.90 million a year earlier. According to the announcement, the main factor behind the increased loss is the lower revenue driven by weak sentiment in China’s retail market amid ongoing international trade frictions and global economic uncertainties.

The announcement also stated that other comprehensive income is expected to reach about HK$26.80 million in 1HFY2026, reversing from an approximately HK$3.60 million other comprehensive expense recorded during the same period last year. The increase in other comprehensive income is attributed to fair value changes on debt instruments.

These figures are based on preliminary, unaudited data, and the final results may differ once the audit committee’s review and the independent auditors’ procedures are completed. The interim results for 1HFY2026 are expected to be published in accordance with relevant listing requirements.