Courts Asia

Results

Courts Asia reports 11.3% jump in 2Q earnings to $6.7 mil

SINGAPORE (Nov 9): Courts Asia reported an 11.3% jump in earnings to $6.6 million from a year ago on better margins and costs management despite a small dip in sales.

New investment ideas to play the Singapore market

SINGAPORE (Sept 20): CIMB Equity Research has found two new investment themes that local investors can look into, namely the Asean domestic consumption and new technology.

Broker's Calls

Courts Asia shares as attractive as its storefront now

SINGAPORE (Sept 19): Courts Asia just posted its highest quarterly earnings in three years, a jump of 56% against 1QFY16 to June, yet its shares continue to trade at 7.8 times FY17 earnings, below its historical 10.2 times, and even lower than its peer va

Results

Courts Asia posts 56% rise in 1Q earnings to $6 mil

SINGAPORE (Aug 11): Courts Asia, the retailer of furniture and electrical appliances, posted earnings of $9.4 million for 1Q17, a 55.8% increase from the earnings of $6 million in 1Q16.

Market Close

STI closes 0.21% lower at 2,796.75

SINGAPORE (May 30): Singapore stocks closed lower on Monday in one of the quietest sessions this year.
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Broker's Calls

Courts Asia kept at ‘buy’ by DBS, CIMB on undemanding valuations

SINGAPORE (May 30): DBS Vickers and CIMB Research are keeping their respective “buy” and “add” calls on IT, electrical and furniture retailer Courts Asia.

Market Close

STI closes 1.5% higher at 2,802.51

SINGAPORE (May 27): Singapore stocks closed higher on Friday, as market expectations factor in the possibility of a rate hike in the US, perhaps as early as next month.

Stocks To Watch

Bukit Sembawang, IHH, SingHaiyi, Courts Asia, Cortina Holdings, Hiap Seng

SINGAPORE (May 27): Here are some stocks that could move the market this Friday morning.
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Courts Asia full-year earnings up 16.8% to $20.3 mil

SINGAPORE (May 26): Electrical, IT and furniture retailer Courts Asia reported FY16 earnings rose 16.8% to $20.3 million, even as earnings in 4Q contracted 36.2% to $4.2 million.
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