According to the Zhitong Finance App, Sincerewatch HK (00444) released interim results for the six months ended September 30, 2023. The group obtained revenue of HK$99.92 million during the period, an increase of 98.12% over the previous year; losses attributable to shareholders of HK$55.992 million, an increase of 18.19% over the previous year; and a basic loss of 0.93 HK cents per share.

According to the announcement, the increase in revenue is mainly due to the government of mainland China, Hong Kong, China and Macau of China lifting all epidemic prevention measures in early 2023 to stimulate local consumption.