Parkson Retail Group Ltd. Reports Q1 2025 Revenue Drop of 5.4%, Profit Falls 82.2%

Reuters

05/26

Parkson Retail Group Ltd. Reports Q1 2025 Revenue Drop of 5.4%, Profit Falls 82.2%

Parkson Retail Group Ltd. has announced its unaudited consolidated results for the first quarter ending 31 March 2025, reporting total operating revenues of RMB996.4 million. This represents a decrease of RMB56.4 million, or 5.4%, compared to the same period last year. The Group's profit from operations fell to RMB122.9 million, a decline of RMB21.0 million or 14.6% from RMB143.9 million in the first quarter of 2024. Additionally, the profit attributable to owners of the Company dropped to RMB3.4 million, down from RMB19.1 million in the corresponding period of the previous year. Parkson Retail Group operates and manages 43 stores, including department stores, shopping malls, city outlets, Parkson Beauty concept stores, and supermarkets, along with 2 Parkson Newcore City Malls across 27 major cities in China and Laos.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parkson Retail Group Ltd. published the original content used to generate this news brief on May 26, 2025, and is solely responsible for the information contained therein.

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Reports Q1 2025 Revenue Drop of 5.4%, Profit Falls 82.2%","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Parkson Retail Group Ltd. Reports Q1 2025 Revenue Drop of 5.4%, Profit Falls 82.2%\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Parkson Retail Group Ltd. has announced its unaudited consolidated results for the first quarter ending 31 March 2025, reporting total operating revenues of RMB996.4 million. This represents a decrease of RMB56.4 million, or 5.4%, compared to the same period last year. The Group's profit from operations fell to RMB122.9 million, a decline of RMB21.0 million or 14.6% from RMB143.9 million in the first quarter of 2024. Additionally, the profit attributable to owners of the Company dropped to RMB3.4 million, down from RMB19.1 million in the corresponding period of the previous year. Parkson Retail Group operates and manages 43 stores, including department stores, shopping malls, city outlets, Parkson Beauty concept stores, and supermarkets, along with 2 Parkson Newcore City Malls across 27 major cities in China and Laos.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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Reports Q1 2025 Revenue Drop of 5.4%, Profit Falls 82.2%\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-26 12:07</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Parkson Retail Group Ltd. Reports Q1 2025 Revenue Drop of 5.4%, Profit Falls 82.2%\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Parkson Retail Group Ltd. has announced its unaudited consolidated results for the first quarter ending 31 March 2025, reporting total operating revenues of RMB996.4 million. This represents a decrease of RMB56.4 million, or 5.4%, compared to the same period last year. The Group's profit from operations fell to RMB122.9 million, a decline of RMB21.0 million or 14.6% from RMB143.9 million in the first quarter of 2024. Additionally, the profit attributable to owners of the Company dropped to RMB3.4 million, down from RMB19.1 million in the corresponding period of the previous year. Parkson Retail Group operates and manages 43 stores, including department stores, shopping malls, city outlets, Parkson Beauty concept stores, and supermarkets, along with 2 Parkson Newcore City Malls across 27 major cities in China and Laos.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parkson Retail Group Ltd. published the original content used to generate this news brief on May 26, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"03368","symbol_name":"百盛集團","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250526:nNDL9LSBVt:1","article_id":"2538125083","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2538125083","pubTimestamp":1748232451,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Parkson Retail Group Ltd. has announced its unaudited consolidated results for the first quarter ending 31 March 2025, reporting total operating revenues of RMB996.4 million. This represents a decrease of RMB56.4 million, or 5.4%, compared to the same period last year. The Group's profit from operations fell to RMB122.9 million, a decline of RMB21.0 million or 14.6% from RMB143.9 million in the first quarter of 2024. Additionally, the profit attributable to owners of the Company dropped to RMB3.4 million, down from RMB19.1 million in the corresponding period of the previous year. Parkson Retail Group operates and manages 43 stores, including department stores, shopping malls, city outlets, Parkson Beauty concept stores, and supermarkets, along with 2 Parkson Newcore City Malls across 27 major cities in China and Laos.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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Additionally, the profit attributable to owners of the Company dropped to RMB3.4 million, down from RMB19.1 million in the corresponding period of the previous year. Parkson Retail Group operates and manages 43 stores, including department stores, shopping malls, city outlets, Parkson Beauty concept stores, and supermarkets, along with 2 Parkson Newcore City Malls across 27 major cities in China and Laos.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Parkson Retail Group Ltd. published the original content used to generate this news brief on May 26, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}