Continue reading this on our app for a better experience

Open in App
Floating Button
Home Capital Results

Cortina's 2Q earnings nearly treble to $5.9 mil

Stanislaus Jude Chan
Stanislaus Jude Chan • 1 min read
Cortina's 2Q earnings nearly treble to $5.9 mil
SINGAPORE (Nov 8): Cortina Holdings, the retailer of luxury watches, saw its earnings nearly treble to $5.9 million in the 2Q ended September, from $2.1 million a year ago.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Nov 8): Cortina Holdings, the retailer of luxury watches, saw its earnings nearly treble to $5.9 million in the 2Q ended September, from $2.1 million a year ago.

Revenue jumped 31% to $117.0 million in 2Q18, from $89.3 million a year ago.

As at end September, cash and cash equivalents stood at $26.9 million.

Looking ahead, Cortina says market conditions will remain competitive in all the markets that the group operates in, with social and economic conditions likely to continue to affect the performance of the group.

Shares of Cortina last closed at 80.5 cents on Oct 10.

Highlights

Re test Testing QA Spotlight
1000th issue

Re test Testing QA Spotlight

Get the latest news updates in your mailbox
Never miss out on important financial news and get daily updates today
×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2024 The Edge Publishing Pte Ltd. All rights reserved.