Cortina Holdings reports 1HFY2025 profit after tax of $31.1 mil, down 8.6% y-o-y

Watch retailer Cortina (SGX:C41) Holdings has reported a profit after tax of $31.1 million for 1HFY2025 ended September, down 8.6% y-o-y from the same period last year. 

This came on the back of higher operating expenses for the period, which increased by 9.3% y-o-y to $90.2 million, due to higher rental expenses and increased depreciation costs, including both property, plant and equipment and right-of-use-assets depreciation.