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The Hour Glass reports earnings of $77 mil for 1HFY2024, down 9% y-o-y

Bryan Wu
Bryan Wu • 1 min read
The Hour Glass reports earnings of $77 mil for 1HFY2024, down 9% y-o-y
The Hour Glass has recommended an interim dividend of 2 cents per share for 1HFY2024. Photo: Albert Chua / The Edge Singapore
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Luxury watch retailer The Hour Glass (SGX:AGS)  (SGX:AGS) has reported earnings of $77.0 million for the 1HFY2024 ended Sept 30, down 9% y-o-y.

Earnings per share for 1HFY2024 also decreased to 11.71 cents from 12.58 cents in the sam period last year.

Revenue for the same period increased by 1% to $558.4 million, while the cost of goods sold increased by 3% to $385.7 million.

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