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14 May 2025
Parkson Retail Asia Limited Starts 2025 Strong: Revenue and Profit Surge, Rewarding Shareholders with Special Dividend
Summary:
- Parkson Retail Asia Limited reported an 8.3% increase in revenue, reaching S$67.160 million for the first quarter ended 31 March 2025.
- Profit before tax rose by 20.7% to S$19.926 million, and net profit for the period increased by 21.1% to S$14.685 million.
- Basic and diluted earnings per share for the quarter increased by 21.1% to 2.18 cents.
- Cash and short-term deposits increased to S$152.4 million, mainly driven by cash collections from higher sales.
- A special interim dividend of SGD0.04 per ordinary share has been declared, payable on 12 June 2025.