Cortina Holdings' (SGX:C41) attributable profit to owners dropped 5% to SG$33.9 million in the fiscal second half ended March 31 from SG$35.8 million a year earlier, according to a Thursday filing with the Singapore Exchange.
Revenue jumped 13% year over year to SG$510.3 million from SG$449.8 million.
The luxury watch retailer declared a final dividend of SG$0.02 per share and a special dividend of SG$0.14 per share.
Singapore shares plunged nearly 1% at the close on Thursday as regional peace took a hit following exchange of fire between the US and Iran.The Straits Times Index (STI), a key benchmark for the Singapore Exchange, ranged between 4,978.80 and 5,035.58 throughout the day. It ended the session at 4,989.19, down 39.61 points or 0.8% compared to Tuesday's close.On the corporate front, shares of Ascent Bridge (SGX:AWG) zoomed over 50% at the close as it signed a cooperation framework agreement with Scinosen (Shenzhen) Gene Industry Development to establish a joint venture in Singapore.Koh Brothers Eco Engineering (SGX:5HV) shares surged nearly 22% at the close after it submitted an application to the SGX-ST to transfer to the main board.Meanwhile, shares of Valuetronics (SGX:BN2) rose nearly 13% at the close as its attributable profit to owners fell 70% during the fiscal second half ended March 31 to HK$24.1 million from HK$79.9 million a year earlier.
Shanghai Bailian (SHA:600827) appointed Tian Yingjie as chief financial officer to succeed Yang Qin, who resigned for personal reasons.Tian serves as the company's deputy general manager and head of its outlets division, according to a Thursday filing with the Shanghai bourse.Shares of the department store company closed 1% higher Thursday.
Singapore Exchange (SGX: S68) bought back 200,000 shares worth SG$4.3 million in the open market on Thursday, according to a same-day filing with the Singapore Exchange.The company has so far bought back 1.2 million shares under its existing buyback mandate.