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August 30, 2015 6:53 PM ET

Textiles, Apparel and Luxury Goods

Company Overview of Citychamp Watch & Jewellery Group Limited

Company Overview

Citychamp Watch & Jewellery Group Limited, an investment holding company, designs, manufactures, sells, and distributes watches and timepieces. It offers watches and timepieces under the brand names of Rossini, EBOHR, Corum, Eterna, Rotary, Dreyfuss & Co, J&T Windmills, Guangzhou, and Dixmont, etc. The company is also involved in the property investment activities; distribution of yachts and glasses; and issuance of bonds activities. It operates through outlets and boutiques in Hong Kong, the People’s Republic of China, Switzerland, Germany, the United Kingdom, Singapore, and other countries. The company was formerly known as China Haidian Holdings Limited and changed its name to Citychamp W...

International Commerce Centre

Units 1902-04

Level 19

1 Austin Road West

Kowloon,  

Hong Kong

5,200 Employees

Phone:

852 2805 0607

Fax:

852 2865 2583

Key Executives for Citychamp Watch & Jewellery Group Limited

Chief Executive Officer, Executive Director, Member of Remuneration Committee and Member of Nomination Committee
Age: 63
Total Annual Compensation: $8.8M
Executive Director
Age: 51
Total Annual Compensation: $1.7M
Executive Director
Age: 36
Total Annual Compensation: $1.5M
Executive Director
Age: 38
Total Annual Compensation: $1.4M
Executive Director
Age: 57
Total Annual Compensation: $1.4M
Compensation as of Fiscal Year 2014.

Citychamp Watch & Jewellery Group Limited Key Developments

Citychamp Watch & Jewellery Group Limited Did Not Declare Interim Dividend for the Period Ended June 30, 2015

The board of directors of Citychamp Watch & Jewellery Group Limited did not declare the payment of an interim dividend for the period ended June 30, 2015 (Six months ended 30 June 2014: HK 3.6 cents).

Citychamp Watch & Jewellery Group Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

Citychamp Watch & Jewellery Group Limited reported unaudited consolidated earnings results for the six months ended June 30, 2015. For the six months, the company reported revenue of HKD 1,715,716,000 compared to revenue of HKD 1,722,042,000 for the same period a year ago. Profit before income tax was HKD 304,104,000 compared to HKD 350,020,000 last year. Profit was HKD 226,548,000 compared to HKD 273,620,000 last year. Profit attributable to owners of the company was HKD 209,169,000 or 4.73 cents per diluted share compared to HKD 254,485,000 or 5.55 cents per diluted share last year. Having set apart the financial impact of the gain on disposal of available-for-sale financial assets of approximately HKD 163,542,000 for the six months ended 30 June 2014, the group should have an increase of net profit of approximately HKD 118,226,000 or 130% during the period under review compared with the corresponding period last year.

Citychamp Watch & Jewellery Group Limited to Report First Half, 2015 Results on Aug 26, 2015

Citychamp Watch & Jewellery Group Limited announced that they will report first half, 2015 results on Aug 26, 2015

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