Hong Kong's Emperor Watch & Jewellery H1 net profit jumps 64% on strong demand

Emperor Watch & Jewellery

20/08/2026 10:42

Overview
Hong Kong luxury retailer's interim revenue grew 5% yr/yr for six months ended June 2026
Net profit for the period rose 63.9% yr/yr
Company attributed growth to higher sales in Hong Kong and Chinese Mainland, plus new stores

Outlook
Emperor Watch & Jewellery did not provide specific financial guidance or outlook for future periods

Result Drivers
HONG KONG SALES - Revenue from Hong Kong rose 11.1%, accounting for 60.4% of total revenue, while revenue from Chinese Mainland increased 20.7%, accounting for 29.8% of total revenue
NEW STORES - Co opened eight new jewellery stores in Chinese Mainland, mainly in first-tier cities
OTHER GAINS SWING – Profit before tax benefited from HK$24.5 mln of other gains versus a HK$14.4 mln loss, including gold-loan fair-value and FX gains

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
HK$2.93 bln
 
H1 Net Income
 
HK$318 mln
 
H1 Net Income Attributable
 
HK$310.40 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)