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Courts Asia profit more than triples

But FY17 revenue dips due to lower sales in Singapore, Malaysia

Courts is investing in new store openings across Malaysia and Indonesia as well as existing stores across its three operating markets. It targets to add a minimum of five new stores each in Malaysia and Indonesia by the end of FY17/18.


AMID a challenging retail environment in all its operating markets, mainboard-listed Courts Asia Limited reported on Wednesday a 247.6 per cent surge in full-year net profit to S$23.7 million .

For the year ended March 31, 2017, earnings per share came to 4.59 Singapore

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