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Courts Asia profit more than triples

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

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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.

Singapore

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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