Meanwhile, the group’s revenue saw a slight decline of 3% y-o-y to $540.3 million in 1HFY2025, due to higher operating expenses following increased advertising and promotion activities, depreciation of right-of-use assets and the loss on disposal of property, plant and equipment.
Luxury watch retailer The Hour Glass (SGX:AGS
) has announced lower earnings of $61.6 million for the 1HFY2025 ended September, down 21% y-o-y from the same period last year.
Earnings per share stood at 9.46 cents, down from 11.71 cents in 1HFY2024.
