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Cortina Holdings posts 9% fall in 1Q18 earnings to $3 mil

Samantha Chiew
Samantha Chiew8/11/2017 06:11 PM GMT+08  • 1 min read
Cortina Holdings posts 9% fall in 1Q18 earnings to $3 mil
SINGAPORE (Aug 11): Cortina Holdings, the retailer of luxury watches, announced 1Q18 earnings fell 9% to $3 million from $3.3 million a year ago.
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SINGAPORE (Aug 11): Cortina Holdings, the retailer of luxury watches, announced 1Q18 earnings fell 9% to $3 million from $3.3 million a year ago.

Meanwhile, revenue remained relatively the same with a slight $100,000 increase in 1Q18 at $93.5 million, compared to $93.4 million in 1Q17.

Sales margin remained relatively stable at 23.1% for both quarters.

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