Emperor Watch & Jewellery Ltd. announced unaudited consolidated earnings results for the first six months ended June 30, 2016. For the six months, the company announced revenue of HKD 1,674,853,000 compared to HKD 2,419,600,000 for the same period a year ago. Loss before taxation was HKD 65,666,000 compared to HKD 53,942,000 for the same period a year ago. Loss for the period was HKD 68,631,000 compared to HKD 54,120,000 for the same period a year ago. Loss per share, basic was 1.00 cents compared to 0.79 cents for the same period a year ago. The group recorded LBITDA of HKD 39.3 million compared to HKD 23.1 million for the same period a year ago. Losses were mainly attributable to the weakening sales momentum and decline of gross profit.