Emperor Watch & Jewellery Posts 63.9% Jump in Interim Net Profit to HK$318 Million

Stock News
08/20

Emperor Watch & Jewellery (00887) has announced its interim results for 2026, reporting a total revenue of approximately HK$2.934 billion, marking a 5% year-on-year increase. The company's gross profit reached around HK$969 million, up 15.4% from the prior corresponding period.

Net profit surged 63.9% to HK$318 million, with basic earnings per share standing at 4.28 HK cents. The board has declared an interim dividend of 0.9 HK cents per share.

During the reporting period, the group opened eight new jewellery stores in mainland China, predominantly located in first-tier and emerging first-tier cities. As of June 30, 2026, the group operates 16 jewellery stores across mainland China, nine of which are franchise outlets.

On the digital front, the company has been strengthening its presence on popular platforms such as Xiaohongshu, Douyin, and WeChat Mini Programs. By leveraging an online-to-offline sales model, the group aims to boost brand visibility and sales capabilities, effectively engaging with customers across China. Additionally, the company plans to launch e-commerce livestreaming initiatives to enhance its market exposure.

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