Summary by Moomoo AI
The annual report of Oriental Watch Holdings Limited, as of March 31, 2024, was released. The report shows that the company's revenue was 3.639 billion Hong Kong dollars, a year-on-year decrease of 1.8%; gross profit was 1.151 billion Hong Kong dollars, a decrease of 3.2%; and net profit attributable to shareholders was 0.25 billion Hong Kong dollars, a decrease of 15.3%. The company recommends a final dividend of 5.8 Hong Kong cents per share and a special dividend of 17.2 Hong Kong cents per share. Regarding market conditions, the economic recovery in Greater China is slow, retail sales are stagnant, and consumer sentiment for luxury watches is conservative. In terms of business operations, the company has 44 retail points in Greater China, including online stores, with mainland China...Show More