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 group will acquire 100% of the issued and paid-up share capital of SPV, for SPV to be a wholly owned subsidiary of The Hour Glass (Australia).

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

Prominent business woman and socialite Jannie Chan cofounded upmarket watch retailer The Hour Glass with her former husband in 1979.

The unravelling of Hour Glass co-founder Jannie Chan’s fortunes

Alongside financial difficulties, her family troubles also spiral onto the public stage

The exhibition showcases the women who have contributed to Singapore from the nation-building years until the present.
TAKING HEART

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 board of director has declared an interim dividend of S$0.02 per share for the H1 FY2025 period.

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 acquisition of the Tong Building units is part of the group’s strategy to “invest in high-quality assets", says The Hour Glass.

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 combination of geopolitical tensions, economic volatility and rising operating costs had dampened profitability for the year, the watch retailer says.

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

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.

Luxury watch retailer The Hour Glass acquired more than one million shares through share buybacks from Dec 1 to Dec 7.
INSIDE INSIGHTS

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.