Cortina Holdings’ H1 profit rises 11% as retail offsets cost pressures

It expects stable profitability in FY2025/26.

Cortina Holdings Ltd posted a net profit after tax of $34.4m in the six months to September, up 11% from $31.1m a year earlier.

Profit attributable to shareholders climbed 10% to $30.5m.

Operating expenses increased 13% to $102m, mainly from higher staffing and rental costs. Finance costs rose to $3.4m. Profit before tax advanced 9% to $46.1m.

Earnings per share improved to 18.4 cents from 16.8 cents. The company declared no interim dividend.

Cortina expects profitability to remain stable in FY2025/26, citing firm Asian demand despite a strong Swiss franc and elevated gold prices impacting its cost base.

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