TIME WATCH (02033) released its interim performance, with a shareholders' net loss of HK $36.853 million, an increase of 237.67% year-on-year.

TIME WATCH (02033) released its interim results for the six months ending on December 31, 2025, with the company earning revenue of HK$281 million, a decrease of 18.2% year-on-year. The company's owners' share of the period's loss was HK$36.853 million, an increase of 237.67% year-on-year, with a basic loss per share of 1.8 HK cents. The announcement stated that the decrease in group revenue was mainly due to a drop in income from sales of the King of Time watches. Since the beginning of 2025, the new U.S. government has imposed a series of high tariffs on most goods imported into the United States, with higher tariffs on goods imported from China than the average level, sparking a global trade war. The ongoing international trade friction and tariff war have had a negative impact on China's economy and employment growth, further weakening consumer confidence in the Chinese retail market, thereby affecting the demand for products during this reporting period.