Oriental Watch Group Reports Annual Profit of HK$180 Million, Down 10.17% Year-on-Year

Stock News06-17

ORIENTAL WATCH (SEHK: 398) has announced its financial results for the year ended March 31, 2026. The group recorded revenue of HK$3.423 billion, representing a decrease of 7.8% compared to the previous year. Profit attributable to owners of the company was HK$180 million, a decline of 10.17% year-on-year.

Earnings per share stood at 36.95 HK cents. The board has proposed a final dividend of 4 HK cents per share and a special dividend of 12.3 HK cents per share.

The company stated it has continued to strengthen its relationships with key brand partners and expand its boutique network in prime locations. It has also enhanced engagement with affluent customer segments identified as having high growth potential.

Furthermore, the group has extended its certified pre-owned watch business into the Mainland China market. This strategic move aims to deepen customer engagement and diversify revenue streams.

These initiatives contributed to a 4.5% year-on-year increase in revenue from the group's operations in Mainland China, which reached HK$2.735 billion (2025: HK$2.617 billion).

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