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
Cortina’s H1 profit falls 10% to S$27.8 million as expenses outpace revenue growth
Competitor The Hour Glass also reports a 20% decrease in earnings
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 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.