Parkson Retail Asia has reported earnings of $14.7 million for 1QFY2025 ended March 31, 2025, up 21.1% y-o-y.

Earnings per share for the reporting period came in at 2.18 cents up from the 1.80 cents reported in the previous year.

The group’s revenue for the reporting period came in 8.3% y-o-y higher at $67.2 million, and profit before tax came in higher at $19.9 million mainly due to higher sales during the period.

The group’s net cash inflow from operating activities came in at $42.3 million for 1QFY2025. The group’s cash and cash equivalents came in at $28.6 million, generally in line with the cash collections during the Hari Raya festive season.

The group has declared a dividend of 4 cents per ordinary share.

Shares in Parkson Retail Asiaclosed flat 6.7 cents on May 14.

Parkson Retail soars 85.07% at 4:06 pm, May 15th.