Parkson Group (03368) has released its interim results for the six months ended June 30, 2026, showing a mixed performance with a decline in revenue but an increase in profitability.

The group's total operating revenue reached RMB 1.739 billion, representing a year-on-year decrease of 9.99%. However, profit attributable to owners of the company increased by 2.18% to RMB 22.957 million, with earnings per share standing at RMB 0.009.

During the reporting period, total sales proceeds (including VAT) amounted to RMB 3.532 billion, down 15.0% compared with the same period last year. This decline was primarily attributed to structural shifts in consumer spending patterns and methods, along with the ongoing transformation of certain stores from traditional department store formats to shopping mall models, which consequently reduced concessionaire sales and direct sales. Same-store sales experienced a decrease of 13.5% during the period.

Operating profit for the review period was RMB 235 million, down 8.6% from RMB 257.6 million recorded in the corresponding period of the previous year.