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Parkson Retail Asia's 1Q losses more than double to $12.9 million

Samantha Chiew
Samantha Chiew • 1 min read
Parkson Retail Asia's 1Q losses more than double to $12.9 million
SINGAPORE (Nov 14): Parkson Retail Asia saw 1Q losses more than doubled to $12.9 million compared to $5.18 million a year ago.
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SINGAPORE (Nov 14): Parkson Retail Asia saw 1Q losses more than doubled to $12.9 million compared to $5.18 million a year ago.

Revenue for 1Q18 was down by 2.4% to $91.1 million from $93.3 million a year ago.

This was due to the absence of festive buy following the shift in Hari Raya/Lebaran calendar to June 2017.

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