Courts Asia offers to buy back $75m worth of 5.75% notes due 2019

28 Jun 2018 - Singapore Business Review
The firm's existing cash surplus will fund their offering. Mainboard-listed Courts Asia is offering to buy back its S$75 million worth of 5.75 per cent notes due 2019 at 100.75 per cent of the principal amount, an announcement revealed. The firm said that their existing cash surplus will be utilised ...
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COURTS Asia: Reports Steady Revenue Of S$363.0 Million For H1 FY17/18 Despite A Lacklustre Retail Market.

10 Nov 2017 - ShareInvestor Express
Singapore remains committed to investing in enhancement of in-store and omni-channel experience; COURTS Megastore opens this weekend. Malaysia undertakes a cost-efficiency exercise to right-size business, focuses on driving profitability with existing store network. Indonesia continues with 'pop up' ...
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Courts' Q2 profit hurt by recent sales promotions in S'pore

9 Nov 2017 - Business Times Breaking News
ELECTRICAL, IT and furniture retailer Courts Asia stumbled in its fiscal second quarter as the group's profit margins in Singapore were hurt by sales promotions undertaken earlier this year.Net profit fell 75 per cent to S$1.51 million for the quarter ended Sept 30 from S$5.98 million the year before.Gross ...
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Staying relevant with low prices

24 Oct 2017 - The Star Online
WHEN Courts from Britain opened its first store in Johor Baru in 1987, it had one mission: to offer a wide range of aspirational home products at affordable prices. Keeping to this promise, Courts has never strayed from its goal. Despite challenging times and evolving market demands, it has continued ...
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Courts Asia: Reports S$6.1 Million Net Profit On Sales Of S$186.6 Million In Q1 FY17/18.

11 Aug 2017 - ShareInvestor Express
Profitability in Singapore remains strong. Opened two stores in East Malaysia to date, working towards a minimum of five new stores each in Malaysia and Indonesia. Continues to drive omni-channel strategy and on track to invigorate the COURTS Asia brand across all three markets in 2H 2017...
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Courts Asia: Courts Malaysia Celebrates Expansion In Sabah.

21 Jul 2017 - ShareInvestor Express
Committed to expanding its presence in East Malaysia, COURTS Malaysia today welcomed two brand-new stores with the opening of COURTS Keningau and COURTS Semporna. The new additions mark COURTS' tenth and eleventh establishments in the region, after the opening of COURTS Complex Karamunsing back in March ...
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Courts Asia: Achieves S$23.7 Million Net Profit In FY16/17 Despite Weak Retail Outlook.

29 Jun 2017 - ShareInvestor Express
Adopted new FRS 115 accounting standard. Added a total of seven and three new stores in Malaysia and Indonesia respectively for the full year, bringing store base for the Group to 92. Proposed final dividend of 1.29 cents per share, consistent with the last two financial years...
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Courts Asia's full-year earnings up 247.6%

28 Jun 2017 - Business Times Breaking News
MAINBOARD-listed Courts Asia Limited reported on Wednesday a 247.6 per cent surge in its full-year net profit to S$23.7 million amid a sustained challenging retail environment in all its operating markets.For the full year ended March 31, 2017, earnings per share stood at 4.59 Singapore cents, up from ...
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Courts records higher Q3 profit despite revenue drop

7 Feb 2017 - Business Times Breaking News
ELECTRICAL, IT and furniture retailer Courts Asia said on Tuesday evening that net profit rose 24.4 per cent to S$5 million for its third quarter ended Dec 31, 2016, from S$4 million a year ago. Higher profit was achieved despite an 8.6 per cent drop in revenue to S$187.2 million, from S$204.7 million ...
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Courts Asia: Strengthens Singapore & Malaysia Leadership Teams With Key Appointments.

2 Dec 2016 - ShareInvestor Express
Courts Asia Limited announced two key leadership appointments in Singapore and Malaysia in line with driving business growth. Mr Tan Huat Ben will be appointed Designate Country CEO, Singapore, in January before assuming the Country CEO role in April. Mr Dolf Posthumus will assume the position as Country ...
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