HK Stock Market Move | EMPEROR WATCH&J(00887) surged over 11% in the morning session, with the expected mid-term net profit increasing by not less than HK$310 million year-on-year.
Imperial Jewellery & Watch (00887) surged over 11% in the early session, with a gain of 11.76% as of the time of writing, trading at 0.285 Hong Kong dollars with a turnover of 3.2511 million Hong Kong dollars.
EMPEROR WATCH&J (00887) rose more than 11% in the morning session. As of the time of writing, it has risen by 11.76% to 0.285 Hong Kong dollars, with a turnover of 3.2511 million Hong Kong dollars.
On the news front, on July 21, EMPEROR WATCH&J released an announcement that based on the preliminary evaluation of the latest financial information of the group, the group is expected to achieve a net profit of not less than 310 million Hong Kong dollars (2025: 194 million Hong Kong dollars) for the six months ending on June 30, 2026. The substantial increase in net profit of about 60% in this period is mainly due to the ideal overall sales performance of the group, leading to increases in its gross profit and gross profit margin.
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