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Cortina reports 8% fall in 3Q earnings

PC Lee
PC Lee2/14/2017 10:48 PM GMT+08  • 1 min read
Cortina reports 8% fall in 3Q earnings
SINGAPORE (Feb 14): Luxury watch retailer Cortina Holdings posted an 8% fall in 3Q earnings to $2.54 million.
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SINGAPORE (Feb 14): Luxury watch retailer Cortina Holdings posted an 8% fall in 3Q earnings to $2.54 million.

Revenue for the three months to Dec increased 4% to $102.0 million from $97.7 million a year ago.

Operating expense, comprising staff cost, rental expense, depreciation and other expenses, rose 4.5% or $795,000.

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