Courts Asia hit by weaker retail sales in Singapore

Singapore made up 67% of group's sales.

In a release, mainboard-listed Courts Asia Limited today reported a 10.1% increase in group pretax profit from S$7.5 million to S$8.2 million for the third quarter ending March 31, 2014 on the back of a 4.0% increase in sales to S$203.3 million.

Revenue from Singapore, which made up approximately 67.0% of the Group’s sales for the quarter, was down by 2.9% due to weaker consumer demand as well as lower bulk sales for the period.

Courts Asia’s Executive Director and Group Chief Executive Officer, Mr. Terence Donald O’Connor, said,''our sales in Singapore were affected by a weaker retail environment.

Nonetheless, Singapore remains our core market and we continue to innovate our business and improve our proposition to customers. To complement our physical store operations, we have expanded our online sales platform, further enhancing our multi-channel capabilities.”

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia