Watch retailers could continue to enjoy boom time

WATCH retailers Cortina Holdings and The Hour Glass both clocked substantial improvements in revenue and net profit in their latest financial results.

The Hour Glass's revenue rose by 63 per cent to S$472.4 million and earnings surged 110 per cent to S$62.6 million in the half year to September.

Its rival Cortina Holdings reported an 86.7 per cent jump in revenue to S$324.6 million, while net profit improved by 74 per cent to S$25.4 million.