Listed Company Awards of Excellence 2023

Anthony Tsang. Head of Marketing & Digital (Greater China Region) at Oriental Watch Company.

Hong Kong Economic Journal (HKEJ) held the "Listed Company Awards of Excellence" for the eighth consecutive year. Using their exclusive developed stock trend tracking system, EJFQ "Signal," and inviting financial experts as judges, they selected and commended the listed companies that performed exceptionally well in the past year.

Oriental Watch Company has been awarded the "Listed Company Awards of Excellence 2023" for the seventh consecutive year by HKEJ. This year, Oriental Watch Company also honored with the newly established "Glory Award," which is given to companies that have been selected for the "Listed Company Awards of Excellence" for five years or more.

In the past year, despite facing challenges in the business environment due to the global relaxation of pandemic restrictions and the reopening of the markets in China and Hong Kong, Oriental Watch Company rose to the occasion. We implemented diverse and effective strategies in Hong Kong and mainland China, continuously enhancing brand awareness. In the first half of 2023, the group achieved a mid-term revenue of HKD 1.848 billion, representing a 10.4% year-on-year growth. The gross profit also increased by 6.5% to HKD 572 million, demonstrating excellent performance.

Oriental Watch Company has always kept pace with the times. In July of the previous year, we collaborated with an insurance company to launch the first blockchain-driven watch insurance "TimeCare" in Hong Kong, providing customers with an instant registration and participation in the insurance program when purchasing a watch at Oriental Watch Company stores, with coverage of up to HKD 50,000.

Oriental Watch Company has consistently maintained a sincere approach to customer service, and actively explores opportunities for collaboration with brand partners, establish more boutiques, and optimize our existing product portfolio to meet the needs of new customers. They hope to continue facing challenges, achieving outstanding results, and consolidate their strengths while expanding into new directions in the coming year.

Read more about:Oriental Watch Company Keeps Pace with the Times and Enhances Brand Value with Sincere Customer Service.

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