Cortina’s H1 profit rises 10% to S$30.5 million amid stronger regional sales

Luxury watch retailer Cortina reported a 10% increase in net profit to S$30.5 million for the six months ending September 30, driven by a 13% rise in revenue to S$468.7 million. Revenue from Southeast Asia (excluding Singapore) rose 13% to S$201.6 million, while Singapore's revenue increased by 12% to S$191.1 million. Operating expenses also climbed 13.3% to S$102.2 million. Earnings per share rose to S$0.184. Cortina remains cautiously optimistic about profitability despite global economic uncertainties.