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Corporate digest

Published Fri, Nov 13, 2020 · 09:50 PM

Cortina Holdings

LUXURY watch retailer Cortina Holdings on Friday posted lower sales and earnings for its half year ended Sept 30, as its business took a hit from Covid-19.

Net profit fell 23 per cent to S$14.6 million; revenue fell as well - by 32 per cent to S$173.8 million. Earnings per share was 8.8 Singapore cents, compared to 11.4 cents in the year-ago period.

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