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Cortina posts 19% higher 2H20 earnings of $20.4 mil on higher revenue and improved sales margins

Felicia Tan

Felicia TanWed, Jul 01, 2020 • 05:49 PM GMT+08 • 2 min read

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Cortina posts 19% higher 2H20 earnings of $20.4 mil on higher revenue and improved sales margins

This brings Cortina’s earnings for FY20 to $39.3 million, up 36% from FY19’s earnings of $29.0 million.

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SINGAPORE (July 1): Cortina Holdings has reported earnings of $20.4 million for 2H20 ended March, up 19% from the $17.1 million registered in 2H19.

The improved bottomline was mainly due to higher revenue and better sales margins.

This brings Cortina’s earnings for FY20 to $39.3 million, up 36% from FY19’s earnings of $29.0 million.

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2HFY2020 results

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