Parkson Retail's Profit Slides in Q1

MT Newswires Live

2025/05/26

Parkson Retail Group (HKG:3368) recorded a decline in attributable profit in the first quarter of 2025 to 3.4 million yuan from 19.1 million yuan in the year-ago period, a Monday Hong Kong bourse filing said.

The retailer's total operating revenue fell 5.4% to 996.4 million yuan in the quarter from 1.05 billion yuan a year prior, mainly due to a decrease in the revenue from contracts with customers.

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