Time Watch Investments Forecasts Swing to Six-Month Loss

MT Newswires Live

2025/02/20

Time Watch Investments (HKG:2033) expects an attributable loss of around HK$10.9 million for the six months ended Dec. 31, 2024, compared with an attributable profit of roughly HK$11.5 million a year prior, a Thursday filing with the Hong Kong bourse said.

The watch manufacturer attributed the anticipated swing to loss mainly to a lower revenue amid the weak sentiment of China's retail market in the second half of 2024.

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