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The latest update is out from Parkson Retail Group ( (HK:3368) ).
Parkson Retail Group Limited announced a significant decline in its financial performance for the year ended 31 December 2024. The company reported a 10.8% decrease in total operating revenues to RMB 3,726.7 million and a 16.1% drop in Same Store Sales. Additionally, the company experienced a loss attributable to owners of RMB 174.8 million compared to the previous year’s profit, indicating operational challenges and potential impacts on stakeholders.
More about Parkson Retail Group
Parkson Retail Group Limited is a company incorporated in the Cayman Islands, operating in the retail industry. The company primarily engages in the operation of department stores, providing a variety of consumer products and services to its market.
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