Group 1 - The company, Timepiece Treasure (02033), issued a profit warning, expecting a loss of approximately HKD 37 million for the first half of the fiscal year 2026, an increase from a loss of HKD 10.9 million in the same period of 2025 [1] - The board attributes the increased loss to ongoing international trade friction and global economic fluctuations, which have led to a weak retail market in China, resulting in decreased revenue [1] - The group anticipates other comprehensive income of about HKD 26.8 million for the first half of the fiscal year 2026, compared to other comprehensive expenses of approximately HKD 3.6 million in the first half of the fiscal year 2025, with the increase attributed to changes in the fair value of debt instruments [1] Group 2 - Timepiece Treasure is a leading watch developer and retailer in China, primarily offering its own brands, Tian Wang and Baige, and has been engaged in product design, development, parts procurement, assembly, inventory management, promotion, and sales since its establishment in 1988 [1] - In the previous fiscal year, the company reported a significant decline in performance, with revenue of HKD 628.7 million for the fiscal year ending June 30, 2025, representing a year-on-year decrease of 21.75%, and a net loss attributable to shareholders of HKD 15.99 million, a decline of 152.13% year-on-year [1]
国际贸易摩擦持续，零售市场疲软，时计宝2026财年上半年预亏约3700万港元