Citychamp Watch & Jewellery Group Limited reported results for the six months ended 30 June 2025, with sales declining to HK$83.84 million, representing a decrease of HK$69.63 million or 83.0% compared to the same period in 2024. The group posted a net loss after tax of HK$51.65 million, compared to a net profit of HK$3.71 million in the first half of 2024. The decrease in profitability for the group's watch businesses was attributed to adverse macroeconomic conditions and more conservative consumer spending on discretionary items. Income from trading activities increased to HK$20.94 million, up 59% year-on-year due to higher customer transactions in the foreign exchange business. Operating expenses, including personnel and general expenses, were HK$168.46 million, down 1.6% from HK$171.20 million in the prior-year period, as a result of cost controls and staff reductions. The group reported a net new money inflow of CHF573.4 million for its banking and financial businesses, with assets under management reaching approximately CHF3.9 billion at the end of June 2025, an increase of CHF0.4 billion compared to December 2024. Citychamp highlighted ongoing measures to address performance in key business areas, including strengthening centralized control mechanisms and continuing product development and innovation in smartwatches and wearable devices.