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The Hour Glass (AGS) investor relations material
The Hour Glass H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for FY2026 rose 15% year-over-year to $1.34 billion, with profit after tax up 32% to $179.5 million.
Gross margin slightly decreased to 30.4% from 30.9% year-over-year.
The Group recorded a $20.3 million fair value gain on investment properties, reversing a prior year loss.
Net assets attributable to owners reached $1.07 billion as of 31 March 2026.
Financial highlights
Revenue: $1,338.2 million for FY2026, up 15% year-over-year.
Profit after tax: $179.5 million, up 32% year-over-year.
Earnings per share: 27.79 cents, up 33% year-over-year.
Cash and bank balances: $157.5 million at year-end.
Inventories increased to $362.2 million from $328.3 million.
Outlook and guidance
The Group expects to remain profitable in the next financial year.
Geopolitical and macroeconomic uncertainties are expected to dampen luxury consumer sentiment.
Strategic partnerships with leading watch brands provide resilience.
- Revenue and profit fell, but profitability and interim dividend were maintained amid industry headwinds.AGS
H1 202513 Apr 2026 - Revenue up 3% but profit down 14% year-over-year; group expects continued profitability.AGS
H2 202513 Apr 2026 - Net profit surged 23% on 14% higher revenue, with stable margins and robust cash position.AGS
H1 202613 Apr 2026
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