Emperor Watch & Jewellery Ltd. announced audited consolidated earnings results for the year ended December 31, 2015. For the period, the company reported revenue of HKD 4,430,846,000 against HKD 5,924,947,000 a year ago. Revenue decreased primarily due to weak consumption sentiment in Hong Kong resulting from a strong local currency and an unfavourable tourism environment.

Loss before taxation was HKD 116,609,000 against profit before taxation of HKD 168,690,000 a year ago. Loss for the period was HKD 120,082,000 against profit for the period of HKD 138,142,000 a year ago. Basic loss per share was 1.7 cents against basic earnings per share of 2.0 cents a year ago.