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Watatime (M) Sdn.Bhd. (Malaysia)

Main Activities: Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
Full name: Watatime (M) Sdn.Bhd. Profile Updated: January 24, 2025
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Watatime started out as a wholesaler of watches, clocks and pens in 1972. In 1984, Watatime (M) Sdn Bhd was incorporated, which primarily involved in importing, wholesaling and retailing of watches, clocks, pens, lighters and calculators. It has since grown to become one of the major players in the luxury timepiece segment in the local market, operating about 17 outlets nationwide located within the most prestigious shopping malls and carrying some of the most renowned brands of watches, with the aim of growing the business internationally, in particular within the Asian region. In 2014, Watatime was 50% acquired by one of the leading Department Chain Stores, Parkson Group and the joint venture enables Watatime to leverage on Parkson's presence to embark on its regional expansion of store network. Moving forward, the strategic business alliance with Parkson will definitely put Watatime on a stronger footing for better growth in years to come.

Headquarters
No. 36-1 & 36-2, Jalan 4/91, Taman Shamelin Perkasa, Cheras
Kuala Lumpur; Federal Territories; Postal Code: 56100

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Website: http://www.watatime.com.my

Basic Information
Total Employees:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 15, 1983
Key Executives
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Director
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Director
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Director
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Secretary
Ownership Details
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39.42%
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39.42%
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21.15%
Subsidiaries
Watatime (Subang) Sdn. Bhd.
38%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MYR. Absolute financial data is included in the purchased report.
Net sales revenue
-14.97%
Total operating revenue
-14.97%
Operating Profit/Loss (EBIT)
-68.32%
EBITDA
-57.41%
Net Profit/Loss for the Period
-88.03%
Total Assets
5.56%
Total Equity
2.7%
Operating Profit Margin (ROS)
-3.62%
Net Profit Margin
-3.08%
Return on Equity (ROE)
-19.9%
Debt/Equity
24.23%
Quick Ratio
0.02%
Cash Ratio
0.02%

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