Cortina Holdings

Cortina Holdings earnings surge 74% to $25.4 mil in 1HFY22 - THE EDGE SINGAPORE

Results

Cortina Holdings earnings surge 74% to $25.4 mil in 1HFY22

The acquisition of Sincere Watch Limited Group in March 2021 also contributed to the higher revenue in the half-year period.
Cortina dominates sector awards; Challenger Technologies and Food Empire hold their own - THE EDGE SINGAPORE

Billion Dollar Club 2021

Cortina dominates sector awards; Challenger Technologies and Food Empire hold their own

Cortina dominates sector awards; Challenger and Food Empire hold their own.

Results

Cortina Holdings sees 23% higher 2H21 earnings of $25.0 mil; reports stable earnings of $39.6 mil in FY21

For the FY2021, the group has recommended a final dividend of 2.0 cents per share, and a special dividend of 4.5 cents per share.
Cortina Holdings announces several appointments following acquisition of Sincere Watch - THE EDGE SINGAPORE

New appointments

Cortina Holdings announces several appointments following acquisition of Sincere Watch

Shares in Cortina closed 12 cents lower or 4.4% down at $2.64 on June 1.

Sector Focus

Physical stores show recovery amid sale season; retailers move online

Retailers are seeing some recovery amid the festive sale season, but can brick-and-mortar survive without going online?
Cortina to buy Sincere Watch for $84.5 mil - THE EDGE SINGAPORE

M&A

Cortina to buy Sincere Watch for $84.5 mil

Cortina plans to fund 60% of this acquisition through bank loans and the remainder via internal resources.
Cortina Holdings posts 23% lower 1H earnings of $14.6 mil due to Covid-19 - THE EDGE SINGAPORE

Results

Cortina Holdings posts 23% lower 1H earnings of $14.6 mil due to Covid-19

Earnings per share for the half-year period came in at 8.8 cents.

Results

Cortina posts 19% higher 2H20 earnings of $20.4 mil on higher revenue and improved sales margins

This brings Cortina’s earnings for FY20 to $39.3 million, up 36% from FY19’s earnings of $29.0 million.

Timepieces

Transcending Time

They say the best friendships are the ones forged in the fires of adversity. Through six decades that have included hardships and uncertainty, the patriarchs of iconic watchmaker Patek Philippe and homegrown retailer Cortina Watch have shown that a busine

Timepieces

Transcending Time

They say the best friendships are the ones forged in the fires of adversity. Through six decades that have included hardships and uncertainty, the patriarchs of iconic watchmaker Patek Philippe and homegrown retailer Cortina Watch have shown that a busine
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