Cortina's profit falls 20% to $61.1m on higher costs, exchange rates

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pstrongWith lower profits, the company reported a profit per share of $0.369./strong/p pSingapore-based luxury watch retailer Cortina reported a profit of $61.1m in FY23, down 20% YoY.

With lower profits, the company reported a profit per share of $0.369.The retailer attributed its lower profits to “unfavourable exchange rate movements and increase in rental and renovation expenses due to major expansions in Singapore, Malaysia, Thailand and Hong Kong.” ...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.Cortina's profit falls 20% to $61.

Source: News Formal (newsformal.com)

 

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