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The Hour Glass’ earnings up 86% for FY2022, crosses $1 billion revenue mark

Khairani Afifi Noordin
Khairani Afifi Noordin5/26/2022 06:17 PM GMT+08  • 2 min read
The Hour Glass’ earnings up 86% for FY2022, crosses $1 billion revenue mark
Earnings per share for FY2022 at 22.34 cents is 91% higher than the previous year's at 11.71 cents.
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Luxury watch retailer The Hour Glass has reported earnings of $157 million for FY2022 ended March 31, up 86% y-o-y.

Earnings per share for FY2022 at 22.34 cents is 91% higher than the previous year's at 11.71 cents.

The Hour Glass’s y-o-y revenue reached $1.03 billion in FY2022, as trending consumer demand for mechanical watches has broadened over the past few years with an “accelerating momentum”.

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