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

