HK Stock Market Move | ORIENTAL WATCH(00398) rose by nearly 5% after the financial results. A special dividend of 24.6 Hong Kong cents was declared for the mid-term.

ORIENTAL WATCH (00398) rose by nearly 5% after the performance report. As of the time of writing, it has increased by 4.91% to 3.63 Hong Kong dollars, with a turnover of 45.285 million Hong Kong dollars. On the news front, ORIENTAL WATCH released its interim results for the six months ending September 30, 2024. The revenue was 1.8 billion Hong Kong dollars, a decrease of 2.58% year-on-year. The company's attributable profit was 119 million Hong Kong dollars, a decrease of 13.51% year-on-year. Earnings per share were 24.50 Hong Kong cents. It plans to distribute an interim dividend of 6.1 Hong Kong cents per share and a special dividend of 18.5 Hong Kong cents per share.