The Hour Glass

SINGAPORE (Apr 29): Dr Henry Tay Yun Chwan, executive chairman of watch retailer The Hour Glass, bought 0.5 million shares via an off-market deal on April 3. Less than a fortnight later, on April 15, he bought more than 9.72 million shares from the open m

SINGAPORE (Feb 14): Retailer of luxury watches The Hour Glass reported a 29% rise in 3Q19 earnings ended Dec to $18.3 million from a year ago.

SINGAPORE (Nov 13): The Hour Glass reported earnings of $13.5 million, or 3.94 cents per share, for the 2Q18 ended Sept, 26% higher than a year ago.

(Oct 4): A year ago, NOMOS partnered The Hour Glass to introduce the special edition NOMOS Red Dot worldtimer. Although it was priced at a substantial S$8,560, the model went on to fare pretty well amongst collectors. Well enough that the two brands have

SINGAPORE (Aug 10): The trade war has become a reality as the US and China have imposed 25% tariffs on each other’s products worth US$34 billion ($46.4 billion) each.

SINGAPORE (Aug 2): The Hour Glass has announced earnings of $14.3 million for the 1Q ended June, doubling from its 1Q18 earnings of $7 million due to improved margins and higher revenue.

SINGAPORE (May 22): The Hour Glass, the purveyor of luxury watches, announced FY18 earnings increased 2% to $49.8 million from $48.7 million in FY17.

SINGAPORE (Feb 9): The Hour Glass reported 3Q18 earnings of $14.2 million, up 6% from $13.4 million a year ago on reduced costs and expenses.

SINGAPORE (Nov 7): The Hour Glass has reported a 29% rise in 2Q18 earnings to $10.7 million from $8.3 million in 2Q17.

(Oct 30): The market is warming up to luxury watch retailer The Hour Glass, which we added to our Singapore Market Portfolio on Oct 10. During the week to Oct 24, the stock rallied 6.2%, on reports that Swiss watch exports to Singapore saw a 90% y-o-y sur