Revenue for the three months ended March dipped 2% to $696.1 million amid the weak economic backdrop, sluggish consumer sentiment and intensified competition.
SINGAPORE (May 25): The Hour Glass Group, the retailer of specialist luxury watches, said FY17 earnings fell 7% to $49.6 million from a year ago “in one of the most challenging conditions in recent years”.
Earnings per share fell to 6.91 cents from 7.42 cents.
