Parkson Retail Asia’s earnings up 21.1% y-o-y to $14.7 mil due to higher sales

The group’s revenue for the reporting period came in 8.3% y-o-y higher at $67.2 million, and profit before tax came in higher at $19.9 million mainly due to higher sales during the period.

The group’s net cash inflow from operating activities came in at $42.3 million for 1QFY2025. The group’s cash and cash equivalents came in at $28.6 million, generally in line with the cash collections during the Hari Raya festive season.

The group has declared a dividend of 4 cents per ordinary share.