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Hour Glass Q2 gain down 18%

Nisha Ramchandani

Nisha Ramchandani

Published Thu, Nov 12, 2015 · 09:50 PM

    Singapore

    WATCH retailer The Hour Glass reported an 18 per cent slide in net profit to S$9.65 million for the second quarter ended Sept 30, dragged down by higher costs and expenses.

    Revenue rose 6 per cent to S$175.32 million while earnings per share clocked 1.37 Singapore cents, down from 1.67 cents.

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