Emperor Watch & Jewellery Ltd. announced that a final dividend for the year ended 31 December 2014 of 0.20 cent per share has been proposed by the directors and is subject to approval by the shareholders at the forthcoming annual general meeting compared to 0.58 cents per share a year ago. The Final Dividend, if being approved at the forthcoming annual general meeting of the company, will be paid on 17 June 2015 to shareholders whose names appear on the register of members of the company on 22 May 2015.

The company reported audited consolidated earnings results for the year ended December 31, 2014. For the period, the company reported revenue of HKD 5,924,947,000 against HKD 6,624,372,000 a year ago. Profit before taxation was HKD 168,690,000 against HKD 355,830,000 a year ago. Total comprehensive income for the year and attributable to owners of the company was HKD 117,766,000 or 2.0 cents per basic and diluted share against HKD 308,603,000 or 4.2 cents per basic and diluted share a year ago. EBITDA were HKD 233.0 million against HKD 414.7 million a year ago. The decreases of EBITDA were due to an increase in rental expenses. Revenue decreased by 10.6%, due to weak consumption sentiment in relation to continued austerity initiatives and local protest in the second half of 2014. Net profit decreased mainly due to an uprise of rental pressure.