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Hour Glass posts 19% increase in 1Q earnings to $17.1 mil

Uma Devi
Uma Devi • 1 min read
Hour Glass posts 19% increase in 1Q earnings to $17.1 mil
SINGAPORE (Aug 7): Luxury watch retailer The Hour Glass posted 1Q20 earnings of $17.1 million, up 19% from $14.3 million for the same quarter last year.
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SINGAPORE (Aug 7): Luxury watch retailer The Hour Glass posted 1Q20 earnings of $17.1 million, up 19% from $14.3 million for the same quarter last year.

Earnings per share for the quarter increased to 2.42 cents, from 2.03 cents in the corresponding quarter a year ago.

Total revenue increased 4% to $189.0 million for the 1Q20 ended June, from $182.1 million in 1Q19.

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