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Parkson Retail Asia reports 18.4% y-o-y lower earnings of $24.1 mil

Nicole Lim
Nicole Lim • 1 min read
Parkson Retail Asia reports 18.4% y-o-y lower earnings of $24.1 mil
The group’s revenue and profit before tax decreased, mainly due to lower sales during the year.
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Department store operator Parkson Retail Asia (SGX:O9E) has reported lower earnings of $24.1 million for the FY2024 ended Dec 31, 2024, an 18.4% y-o-y decline from the same period a year before.

Earnings per share for the period subsequently declined to 3.58 cents, an 18.5% y-o-y decrease. 

The group’s revenue saw a 3.1% y-o-y decrease for the reporting period to $214.8 million, from $221.6 million in the same period a year ago. 

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