Back 14 May 2025

Parkson Retail Asia Limited Starts 2025 Strong: Revenue and Profit Surge, Rewarding Shareholders with Special Dividend

Link: https://links.sgx.com/1.0.0/corporate-announcements/Z1XXSXRMVAAC3T97/8c76d4e1a796bd9f6fe257f1828e39e7ddff16847e8baf426ba6e6697319aa55

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.