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Cortina Holdings
Results
Cortina earnings down 18% y-o-y for 1HFY2024
Cortina’s revenue for 1HFY2024 was also down 3.8% y-o-y to $391.3 million.
November 14, 2023
Billion Dollar Club 2023
Cortina rides luxury watch boom; Bumitama Agri ekes out higher yields
Cortina has built up a robust balance sheet, strong cash position and healthy operational cash flow
November 09, 2023
Insider moves
Cortina's Lim family raises stake via married deal; substantial shareholder of Union Steel buys more
Cortina cautions that for the current year, growth might soften
October 19, 2023
Company in the news
Cortina Holdings hit by cyber security attack
Affected parties will be contacted on June 7.
June 06, 2023
Results
Cortina reports higher FY2023 earnings, plans special dividend of 14 cents
Cortina plans to pay a total dividend of 16 cents for FY2023, one cent more than FY2022's 15 cents
May 29, 2023
Billion Dollar Club 2022
Riding on 'spectacular boom', The Hour Glass sweeps this category clean
"Demand for high-end watches is so voracious that supply cannot keep up"
November 10, 2022
Property
Cortina exercises option for fourth floor of 15 Scotts Road; acquisition to be completed in Dec
According to a valuation report commissioned by Cortina, the property is valued at $49 million, same as the purchase price.
October 13, 2022
Corporate moves
Sincere Watch finds its 'forever home' in Cortina Holdings
This is a tale of two of the largest watch companies in Singapore coming together.
October 06, 2022
Timepieces
Cortina Holdings plans to buy the fourth floor of 15 Scotts Road
Cortina Holdings plans to buy the fourth floor of 15 Scotts Road for $49 million. The impact is marginally positive for NTA
October 04, 2022