The Hour Glass

Results

The Hour Glass sees FY18 earnings rise 2% to $49.8 mil on better margins

SINGAPORE (May 22): The Hour Glass, the purveyor of luxury watches, announced FY18 earnings increased 2% to $49.8 million from $48.7 million in FY17.

Results

Hour Glass posts 6% rise in 3Q earnings to $14.2 mil on lower costs & expenses

SINGAPORE (Feb 9): The Hour Glass reported 3Q18 earnings of $14.2 million, up 6% from $13.4 million a year ago on reduced costs and expenses.

Results

Hour Glass posts 29% rise in 2Q earnings to $10.7 mil on improved consumer sentiment

SINGAPORE (Nov 7): The Hour Glass has reported a 29% rise in 2Q18 earnings to $10.7 million from $8.3 million in 2Q17.

The Hour Glass rises on bullish data, but Chew’s calls off sale to third party

(Oct 30): The market is warming up to luxury watch retailer The Hour Glass, which we added to our Singapore Market Portfolio on Oct 10. During the week to Oct 24, the stock rallied 6.2%, on reports that Swiss watch exports to Singapore saw a 90% y-o-y sur

Results

The Hour Glass posts 8% decline in 3Q earnings to $13.4 mil on higher costs

SINGAPORE (Feb 9): Luxury watch retailer The Hour Glass saw its earnings fall by 8% to $13.4 million for the third quarter ended 31 Dec, mainly due to higher costs.

Results

The Hour Glass posts 14% fall in 2Q earnings to $8.3 mil

SINGAPORE (Nov 10): The Hour Glass, the retailer of luxury watches, posted a 14% fall in 2Q earnings to $8.3 million, or 1.18 cents per share, from a year ago due to challenging business conditions and weakening consumer confidence.

Results

The Hour Glass posts 22% fall in 1Q earnings to $8.2 mil

SINGAPORE (Aug 12): The Hour Glass saw 1Q earnings fall 22% to $8.19 million.
The Hour Glass

In print this week

Is The Hour Glass still a good buy?

SINGAPORE (July 1): For the financial year ended March 31, The Hour Glass reported a 4% decline in total revenue and other income to $707.5 million. Earnings declined 10% to $52.3 million.
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