Shares of TheHourGlass (AGS.SI), the luxury watch retailer, are soaring 3.40% in pre-market trading on Monday, following the company's impressive financial results for the six months ended September 30, 2025.

The Singapore-based company reported a substantial 23.2% increase in net profit, rising to S$75.7 million from S$61.4 million in the same period last year. This significant growth in profitability has evidently caught the attention of investors, driving the stock's positive movement.

Adding to the investor enthusiasm, TheHourGlass has declared an interim dividend of S$0.02 per share, payable on December 8. This announcement further underscores the company's strong financial position and commitment to shareholder returns, likely contributing to the stock's pre-market surge.

While the company noted higher operating expenses due to increased depreciation of property, plant and equipment compared to the previous year, the robust profit growth suggests effective cost management and strong revenue performance. As the luxury goods market continues to show resilience, TheHourGlass appears well-positioned to capitalize on consumer demand for high-end timepieces.