Aug 11, 2016

Court Asia profile, Chart with Support and Resistance

Courts Asia operates retail stores in Singapore, Malaysia, and Indonesia, selling furniture, electronics, and electrical appliances. The first two countries are Courts Asia’s key geographical markets with the company opening its first Indonesian store on Oct 2014.

11 Aug 2016



Aug 2016
Profit of $9.4 million for 1Q17, a 55.8% increase from the earnings of $6 million in 1Q16.
Revenue fell 0.9% to $196.3 million
- Singapore Sale 0.3% drop to $505 million.
- Malaysia Sale 5.8% decline in Singapore dollar terms to $248 million. In ringgit terms, Malaysia sales increased by 1.7%.
- Indonesia revenue rose 66.1% to $16 million, from newly opened stores.

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