cortina

Cortina’s H1 profit rises 10% to S$30.5 million amid stronger regional sales

Revenue from South-east Asia, excluding Singapore, rises 13% to S$201.6 million

For the full year ended Mar 31, 2024, Cortina's net profit is down 20 per cent to S$61.1 million, while revenue has declined 2 per cent to S$811 million.

Cortina H2 net profit falls 22% to S$30.2 million on higher rental, renovation expenses

It proposes a final dividend of two Singapore cents per share, and a special dividend of 14 cents per share

Cortina’s operating expenses for the period rose 4 per cent to S$82.5 million due to higher rental expenses, depreciation costs and right-of-use depreciation.

Cortina sees H1 net profit fall 18.5 per cent amid economic uncertainties

LUXURY watch retailer Cortina Holdings posted an 18.5 per cent decline in net profit for the half-year ended Sep 30, 2023, to S$30.9 million, from S$37.9 million a year earlier.

Cortina Holdings has deployed managed detection and response services across all workstations and servers after it was hacked in June.

Cortina sets up hotline, steps up staff training after data leak 

CORTINA Holdings received about 100 queries from customers in relation to a cybersecurity attack it was subjected to in June. 

Cortina's Hong Kong subsidiaries are being sued to restrain them from selling Franck Muller watches.

Cortina sued by Sincere Brand Management to stop selling Franck Muller watches in Hong Kong

LUXURY watch dealer Cortina Holdings has received a writ of summons from Sincere Brand Management requesting that the Hong Kong High Court restrain the former’s Hong Kong subsidiaries from selling Fra...

Both The Hour Glass and Cortina have reported lower revenue growth for their H2 ended March, and year-on-year declines in net profit.
HOCK LOCK SIEW

Are the good times over for Singapore’s listed watch retailers?

SHARES of Singapore’s listed luxury watch retailers have corrected over the past year, following a spectacular run-up in the immediate period post-pandemic.

Cortina has declined to disclose the number of customers affected by the data breach.

Cortina reminds customers affected by data breach to be alert to scams, phishing attacks

MAINBOARD-LISTED luxury watch retailer Cortina has reminded customers potentially affected by a recent data breach “to be alert to potential scams, phishing attacks or incidences of callers impersonat...

Cortina discloses the cybersecurity incident in a bourse filing late Tuesday. 

Cortina Holdings says data breach discovered on Jun 4

LUXURY watch retailer Cortina Holdings said that it detected unauthorised activity on one of its servers on Sunday (Jun 4) evening. 

Cortina Holdings will on Wednesday begin to notify all parties whose data was affected.

Cortina Holdings falls prey to cyber attack

LUXURY watch retailer Cortina Holdings was recently subjected to a cybersecurity incident which gave a hacker unauthorised access to one of the group’s servers and encrypt its data.