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Cortina reports uptick in H2 earnings on better sales margin

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Cortina Watch's Patek Philippe boutique at ION Orchard. Cortina said its balance sheet is healthy, with cash and bank balances at S$114.4m as at end-March, compared with S$81.3m a year ago.

Singapore

LISTED luxury watch retailer Cortina Holdings has delivered better earnings for the second half-year to March, mainly due to improved sales margin.

In the financial results released on Wednesday to the Singapore Exchange, it posted S$20.4 million in its net earnings for...

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