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The Hour Glass donates S$5m to NKF, ComChest, NHB

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LUXURY watch retailer The Hour Glass said on Tuesday that it is donating a total of S$5 million to the National Kidney Foundation (NKF), Community Chest and the National Heritage Board (NHB).

The donations are the most significant to date for the group, the company said in a statement.

For its latest financial year ended March 31, 2015, The Hour Glass recorded net profit of S$58 million on S$741 million of revenue.

Its shares last traded at S$0.745.