Emperor Watch & Jewellery Posts 64% Profit Surge, Eyes Gen Z Market
SingTao · 2 SOURCESabout 1 hour ago2 MIN
Summary
Emperor Watch & Jewellery (stock code: 887) delivered stellar half-year results, with both net profit and interim dividend surging 64% year-on-year. The company reported a net profit of HK$318 million and an interim dividend of HK$0.009 per share for the period ending June 2025 . Chairman Yang Nuoxin outlined strategic initiatives to attract younger consumers through intellectual property partnerships and product innovation targeting Millennials and Generation Z .
Key Points
- Net profit reached HK$318 million with interim dividend of HK$0.009 per share, both surging 64% year-on-year
- Total revenue climbed 5% to HK$2.934 billion while gross margin improved 2.9 percentage points to 33%
- Hong Kong revenue grew 11.1% to HK$1.77 billion; Mainland China revenue jumped 20.7% to HK$870 million
- The watch segment generated HK$1.87 billion in revenue, accounting for 63.6% of total revenue, up 9.8%
- The company opened 8 jewelry stores in Mainland China, expanding its retail network to 69 stores across Hong Kong, Mainland China, Macau, Singapore, and Malaysia
Why It Matters
Emperor Watch & Jewellery's strong performance signals resilience in Hong Kong's luxury retail sector amid economic uncertainty . The strategic focus on IP collaborations and Gen Z marketing reflects how traditional jewelers are adapting to capture younger demographics, potentially reshaping the competitive landscape of Hong Kong's jewelry market .
Emperor Watch & Jewellery's strong performance signals resilience in Hong Kong's luxury retail sector amid economic uncertainty . The strategic focus on IP collaborations and Gen Z marketing reflects how traditional jewelers are adapting to capture younger demographics, potentially reshaping the competitive landscape of Hong Kong's jewelry market .