the hour glass
The Hour Glass posts 23.2% rise in profit for H1 FY2026 to S$75.7 million
The luxury watch retailer’s revenue climbs 13.9% to S$615.4 million
The Hour Glass H2 profit falls 6% to S$74.4 million on increased operating expenses
This is despite revenue increasing 9% to S$622.6 million
The Hour Glass to acquire Aussie watch retailer for A$90 million
Move is in line with the group’s strategy to continue expanding its presence in the country
The unravelling of Hour Glass co-founder Jannie Chan’s fortunes
Alongside financial difficulties, her family troubles also spiral onto the public stage
Hour Glass partners non-profit SCWO for Singapore Women’s Hall of Fame exhibition
The roving exhibition is being held in the heartlands to increase engagement among the community
The Hour Glass posts 20% fall in earnings for H1 2025 to S$61.4 million
Luxury watch retailer reports 3% fall in H1 FY2025 revenue to S$540.3 million
The Hour Glass acquires two levels of office units in Tong Building for S$68.5 million
The two floors in the freehold Orchard Road office property are near the watch retailer’s corporate offices in the same building
The Hour Glass H2 profit falls 9% to S$79.5 million on macro uncertainties, rising costs
Revenue for the period rose 1% to S$571.3 million, from S$567.5 million a year earlier

In Brief
Keppel Telecommunications & Transportation has confirmed that efforts to list a data centre real estate investment trust on the Singapore Exchange mainboard are underway.
The Hour Glass continues buyback, Wilmar chair Kuok raises stake
THE Straits Times Index fell 0.52 per cent over the five trading sessions from Dec 1 through Dec 7.