Emperor Watch & Jewellery Ltd. reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported revenue of HKD 2,419,600,000 against HKD 3,065,974,000 a year ago. Loss before taxation was HKD 53,942,000 against profit before taxation of HKD 125,928,000 a year ago.

Loss for the period was HKD 54,120,000 against profit for the period of HKD 104,654,000 a year ago. Basic loss per share was 0.79 cents against basic earnings per share of 1.50 cents a year ago. The group recorded LBITDA and a net loss was mainly attributable to an increase in rental expenses, coupled with the weakening sales momentum and decline of gross profit margin.