Cortina’s bottomline growth for 4Q comes despite an 8.5% y-o-y revenue decline to $121.6 million, in the absence of revenue contributions from certain retail outlets which recently closed in Singapore, Malaysia and Thailand.
SINGAPORE (May 24): Cortina Holdings has announced $8.1 million in earnings for the 4Q ended March, growing 4% y-o-y from $7.8 million on the back of improved sales margins.
The latest set of quarterly results group’s earnings for FY19 to $29.2 million, which is 31% higher than its full year earnings of $22.3 million previously due to improved margins and lower full-year operating expenses.
