Revenue from sales of goods and other services dipped 2.5% to $160.7 million while revenue from service charge income fell 33.7% to $14.6 million. This resulted in a 14% drop in gross profit of $55.67 million despite cost of sales falling 2% to $119.6 million.
SINGAPORE (Feb 10): Courts Asia, which received a buyout offer from Japanese electronics retailer Nojima Corporation last month, reported losses for the nine months (9M) ended Dec widened to $5.4 million after reversing into a loss $171,000 in 3Q, compared to a profit to $3.5 million.
