TIME WATCH (02033) Announces Annual Results with Attributable Loss of Approximately HK$17.5 Million, Turning from Profit to Loss Year-over-Year

Stock News

Sep 29, 2025

TIME WATCH (02033) announced its full-year results for the year ended June 30, 2025, reporting revenue of approximately HK$689.4 million, representing a decrease of approximately 21.7% year-over-year. Gross profit amounted to approximately HK$478 million, down approximately 25.5% compared to the previous year. The company recorded a loss attributable to owners of approximately HK$17.5 million, representing a shift from profit to loss year-over-year. Basic loss per share was HK$0.009, while the company proposed a special dividend of HK$0.01 per share.

According to the announcement, the revenue decline was primarily attributable to reduced sales revenue from Tianwang watches. The shift from profit to loss was mainly due to the revenue decrease and an increase in fair value losses on investment properties, which rose from approximately HK$3.9 million in fiscal year 2024 by approximately HK$16.6 million to HK$20.5 million in fiscal year 2025.

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Gross profit amounted to approximately HK$478 million, down approximately 25.5% compared to the previous year. The company recorded a loss attributable to owners of approximately HK$17.5 million, representing a shift from profit to loss year-over-year. Basic loss per share was HK$0.009, while the company proposed a special dividend of HK$0.01 per share.</p>\n<p>According to the announcement, the revenue decline was primarily attributable to reduced sales revenue from Tianwang watches. The shift from profit to loss was mainly due to the revenue decrease and an increase in fair value losses on investment properties, which rose from approximately HK$3.9 million in fiscal year 2024 by approximately HK$16.6 million to HK$20.5 million in fiscal year 2025.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>TIME WATCH (02033) Announces Annual Results with Attributable Loss of Approximately HK$17.5 Million, Turning from Profit to Loss Year-over-Year</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTIME WATCH (02033) Announces Annual Results with Attributable Loss of Approximately HK$17.5 Million, Turning from Profit to Loss Year-over-Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-09-29 21:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>TIME WATCH (02033) announced its full-year results for the year ended June 30, 2025, reporting revenue of approximately HK$689.4 million, representing a decrease of approximately 21.7% year-over-year. Gross profit amounted to approximately HK$478 million, down approximately 25.5% compared to the previous year. The company recorded a loss attributable to owners of approximately HK$17.5 million, representing a shift from profit to loss year-over-year. Basic loss per share was HK$0.009, while the company proposed a special dividend of HK$0.01 per share.</p>\n<p>According to the announcement, the revenue decline was primarily attributable to reduced sales revenue from Tianwang watches. The shift from profit to loss was mainly due to the revenue decrease and an increase in fair value losses on investment properties, which rose from approximately HK$3.9 million in fiscal year 2024 by approximately HK$16.6 million to HK$20.5 million in fiscal year 2025.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1227","symbol_name":"服装、服饰与奢侈品","start_time":0,"source_url":"","article_id":"1180969600","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1180969600","pubTimestamp":1759152525,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"TIME WATCH (02033) announced its full-year results for the year ended June 30, 2025, reporting revenue of approximately HK$689.4 million, representing a decrease of approximately 21.7%...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1227":"服装、服饰与奢侈品","02033":"时计宝"},"translate_title":"时计(02033)公布全年业绩应占亏损约1750万港元同比由盈转亏","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02033":1},"content_text":"TIME WATCH (02033) announced its full-year results for the year ended June 30, 2025, reporting revenue of approximately HK$689.4 million, representing a decrease of approximately 21.7% year-over-year. 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