The Hour Glass Limited

The Hour Glass Limited (SGX:AGS) is a luxury watch retail group in Asia. The group currently owns and operates 41 retail stores across 9 cities. Headquartered in Singapore, it reported revenues of $734.9 million for FY 2015. Net profit was up by 5% to S$57.9 million from S$54.9 million in FY2014, outperforming a contracting regional luxury market. In addition, the group also deals in luxury properties and owns high-end retail and commercial properties throughout Asia. Most notably was their recent purchase of two high-end Australian properties for $37.2 million in 2015.

The Hour Glass Limited

The Hour Glass Limited (SGX:AGS) is a luxury watch retail group in Asia. The group currently owns and operates 41 retail stores across 9 cities. Headquartered in Singapore, it reported revenues of $734.9 million for FY 2015. Net profit was up by 5% to S$57.9 million from S$54.9 million in FY2014, outperforming a contracting regional luxury market. In addition, the group also deals in luxury properties and owns high-end retail and commercial properties throughout Asia. Most notably was their recent purchase of two high-end Australian properties for $37.2 million in 2015.