Time Watch Investments' (HKG:2033) Earnings Seem To Be Promising
The market seemed underwhelmed by last week's earnings announcement from Time Watch Investments Limited (HKG:2033) despite the healthy numbers. Our analysis suggests that shareholders might be missin
TIME WATCH: Interim Report 2024
Timekeeper (02033.HK): Achieved net profit of HK$11.482 million in the first half of FY2024
On February 28, GLONGHUI (02033.HK) announced that for the six months ended 31 December 2023 (“first half of fiscal year 2024”), revenue was approximately HK$432 million, a year-on-year decrease of 7.2%; profit attributable to company owners was approximately HK$11.482 million, while the first half of fiscal year 2023 was a loss attributable to company owners of about HK$44.9 million, with a basic profit of HK0.6 per share. The announcement stated that the decline in the Group's revenue was mainly due to the decline in revenue from sales of famous brand watches other than Tianwang Watch (“Other Brands (China) Business”).
Timekeeper (02033) announced interim results. Profit attributable to shareholders of HK$11.482 million turned a year-on-year loss into profit
According to the Zhitong Finance App, Timekeeper (02033) announced the interim results for the six months ended December 31, 2023. The group achieved revenue of HK$432 million, a year-on-year decrease of 7.24%; profit attributable to the company owners was HK$11.482 million, a loss of HK$44.9 million in the same period last year; and a profit of HK0.6 cents per share. According to the announcement, the main reason for turning a loss into a profit was the net exchange loss decreased by about HK$43.6 million from about HK$45.8 million in the first half of fiscal year 2023 to about HK$2.3 million in the first half of fiscal year 2024, and confirmed as sales costs in the first half of fiscal year 2024
TIME WATCH: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2023
Timepiece Baofa Yingxi expects the profit attributable to shareholders in the medium term to be no less than HK$11 million, turning a year-on-year loss into a profit
Timepiece (02033) announced that the Group expects to make profit attributable to company owners of not less than HK$11 million for the six months ended 31 December 2023, while the six months ended 31 December 2022 (the first half of fiscal year 2023) are losses attributable to company owners of approximately HK$44.9 million.
Time Watch Investments to Swing to Profit in Fiscal H1
Time Watch Investments (HKG:2033) expects an attributable profit of at least HK$11 million for the six months ended Dec. 31, 2023, as compared to an attributable loss of HK$44.9 million in the year-ag
Timepiece Treasure (02033.HK) Profit: Expected medium-term net profit of not less than HK$11 million
Gelonghui, Feb. 20 | Timekeeper (02033.HK) announced that, according to the company's currently available information and preliminary results of the Group's unaudited comprehensive results for the six months ended 31 December 2023 (“First Half of Fiscal Year 2024”), the Group expects to record a profit attributable to company owners of not less than HK$11 million, while the six months ended 31 December 2022 (“First Half of Fiscal Year 2023") represents a loss attributable to the company owner of approximately HK$44.9 million. The Board considers that these changes were mainly due to (i) prudent management of the Group's foreign currency deposits, which resulted in net exchange losses
TIME WATCH: POSITIVE PROFIT ALERT
Timekeeper (02033.HK) will hold a board meeting on February 28 to approve the interim results
On February 16, GLONGHUI (02033.HK) announced that the company will hold a board meeting on February 28, 2024 to approve the interim results of the company and its subsidiaries for the six months ended December 31, 2023, and consider declaring an interim dividend (if any).
Here's Why It's Unlikely That Time Watch Investments Limited's (HKG:2033) CEO Will See A Pay Rise This Year
Key Insights Time Watch Investments' Annual General Meeting to take place on 24th of November CEO Michael Tung's total compensation includes salary of HK$7.00m The total compensation is 205% highe
TIME WATCH: Annual Report 2023
There's Reason For Concern Over Time Watch Investments Limited's (HKG:2033) Massive 34% Price Jump
Time Watch Investments Limited (HKG:2033) shares have had a really impressive month, gaining 34% after a shaky period beforehand. Notwithstanding the latest gain, the annual share price return of 5
TIME WATCH To Go Ex-Dividend On November 29th, 2023 With 0.008 HKD Dividend Per Share And 0.032 HKD Special Dividend Per Share
September 29th - $TIME WATCH(02033.HK)$ is trading ex-dividend on November 29th, 2023. Shareholders of record on November 30th, 2023 will receive 0.008 HKD dividend per share and 0.032 HKD special
TIME WATCH: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 30 JUNE 2023
TIME WATCH: NOTICE OF BOARD MEETING
Time Watch Investments to Invest $5 Million in KKR-Held Fund
Time Watch Investments (HKG:2033) agreed to subscribe for limited partnership interests of $5 million in the KKR Ascendant Fund, the company said in its Tuesday disclosure. After the completion of the
Koon Ming Tung Buys Handful Of Shares In Time Watch Investments
Whilst it may not be a huge deal, we thought it was good to see that the Time Watch Investments Limited (HKG:2033) Chairman & CEO, Koon Ming Tung, recently bought HK$503k worth of stock, for HK$0.34 p
Time Watch Sells Yatch to Turkish Businessman
Time Watch Investments (HKG:2033), which announced the disposal of a yacht earlier this week, said it is selling the boat to Aydin Mistacoglu, the "ultimate" beneficiary of the deal. Mistacoglu is the
Time Watch Investments Sells Yacht for $5.3 Million
Time Watch Investments (HKG:2033) unit Sky Sun Investments entered into a memorandum of agreement with Ekin Baran to sell a yacht to the latter for $5.3 million. The motor yacht is licensed in Hong Ko
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