You are here

Courts' Q4 net profit falls 36%

BT_20160528_GSCOURTS28_2306061.jpg
MR O'CONNOR: Says Courts' cost savings initiatives have put the company in a strong position for its new financial year

Singapore

NET profit at furniture and electronics retailer Courts Asia fell 36 per cent to S$4.2 million in its fourth quarter ended March 31, 2016, dragged down by a fall in revenue.

Revenue in the quarter fell to S$181.3 million, down 6 per cent year-on-year.

However, on a

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom