Parkson Retail Asia's Attributable Profit Slides 26% in Q4; Shares Up 5%

MT Newswires

02-19

Parkson Retail Asia's (SGX:O9E) attributable profit to owners of the company declined 26% for the fourth quarter ended Dec. 31, 2024 to SG$5.8 million from SG$7.8 million a year earlier, according to a filing with the Singapore Exchange on Tuesday.

Earnings per share rose to SG$0.0086 compared with SG$0.0067 in the comparable period.

Revenue was, however, up 1.4% year over year to SG$58.5 million from SG$57.6 million.

Shares of the company were up over 5% in recent trading.

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