Courts Asia Archives - Inside Retail Singapore
Japanese electronics retailer Nojima Corp has committed to buying 90.07 per cent of Courts Asia shares.
Takeover target Courts Asia had a forgettable third quarter, reporting a net loss of S$171,000 – a stark contrast to the $3.51 million profit for the same period a year earlier.
Japanese electronics retailer Nojima Corp has launched a conditional takeover bid for Courts Asia.
Singaporean electronics and furniture retailer Courts Asia has posted a net loss of SG$3.1 million (US$2.25 million) in its second quarter.
Electrical, IT and furniture retailer Courts Asia has narrowed a quarter-on-quarter loss following transformation work in its Malaysia operations.
Regulation changes in Malaysia dragged down both revenue and profits for retailer Courts Asia.
Courts Asia Singapore plans a $10 million revamp of seven of its 15 outlets, including its flagship megastore.
Courts Asia has reported 24.4 per cent growth in net profit to S$5 million for its third quarter.
Courts Asia reports an 11.3 per cent year-on-year rise in earnings to S$6.7 million for its second quarter.
Courts Asia is offering a competitive one-year service package for customers who buy the iPhone7.
Electrical, IT and furniture retailer Courts Asia edged revenue up 1.6 per cent, or S$11.8 million, in its latest financial year.
Electronics and furnishings retailer Courts Asia has reported a modest 0.3 per cent increase in profits for the third quarter – against a background of a stagnant domestic market.