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Time Watch Investments Ltd. ( (HK:2033) ) has issued an update.
Time Watch Investments Ltd. reported a significant decrease in its financial performance for the fiscal year ending June 30, 2025. The company experienced a 21.7% drop in revenue to HK$689.4 million and a 25.5% decline in gross profit to HK$477.8 million compared to the previous year. The gross profit margin also fell from 72.8% to 69.3%. The company reported a loss of HK$17.5 million, a stark contrast to the HK$33.6 million profit in the previous year. Despite the downturn, the company proposed a special dividend of HK1.0 cents per share, indicating a commitment to returning value to shareholders.
The most recent analyst rating on (HK:2033) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Time Watch Investments Ltd. stock, see the HK:2033 Stock Forecast page.
More about Time Watch Investments Ltd.
Time Watch Investments Ltd. is a company incorporated in the Cayman Islands, primarily involved in the watch industry. It focuses on the production and distribution of timepieces and related products.
Average Trading Volume: 243,242
Technical Sentiment Signal: Hold
Current Market Cap: HK$740.9M
Learn more about 2033 stock on TipRanks’ Stock Analysis page.