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Hour Glass full-year earnings up 5% on higher revenue
Group's focus on retail network quality, product mix and costs pays off
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Published Wed, May 27, 2015 · 09:50 PM
Singapore
DESPITE a contracting regional luxury market, The Hour Glass on Wednesday clocked up a 5 per cent increase in net profit to S$57.9 million from S$54.9 million a year ago for its financial year ended March 31, 2015.
Full-year revenue for the luxury watch retailer climbed 8 per cent to S$734.9 million, from S$682.8 million.
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