Cortina Holdings’ H1 profit rises 11% as retail offsets cost pressures
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Cortina Holdings Ltd reported an 11% increase in net profit after tax to $34.4 million for the six months ending September, driven by retail performance. Operating expenses rose 13% to $102 million, influenced by higher staffing and rental costs. The company anticipates stable profitability in FY2025/26, despite challenges from a strong Swiss franc and high gold prices.
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