Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director Lin Loong Koong was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. お知らせ • May 01
Parkson Retail Group Limited to Report Q1, 2026 Results on May 18, 2026 Parkson Retail Group Limited announced that they will report Q1, 2026 results at 9:30 AM, China Standard Time on May 18, 2026 お知らせ • Feb 24
Parkson Retail Group Limited, Annual General Meeting, May 18, 2026 Parkson Retail Group Limited, Annual General Meeting, May 18, 2026. お知らせ • Feb 14
Parkson Retail Group Limited Provides Earnings Guidance for the Year Ended 31 December 2025 Parkson Retail Group Limited provided earnings guidance for the year ended 31 December 2025. For the year, the company expects to record a loss attributable to owners of the Company of approximately RMB 185.9 million for the Year as compared to the loss attributable to owners of the Company of RMB 174.8 million for the year ended 31 December 2024. The loss attributable to owners of the Company was mainly due to: (i) decline in gross sales proceeds driven by structural shifts in consumer spending behavior and heightened caution in consumer spending amid macroeconomic headwinds and muted income growth expectation; and (ii) increase in asset impairment provisions recorded for the Year. お知らせ • Feb 06
Parkson Retail Group Limited to Report Fiscal Year 2025 Results on Feb 24, 2026 Parkson Retail Group Limited announced that they will report fiscal year 2025 results on Feb 24, 2026 お知らせ • Nov 05
Parkson Retail Group Limited to Report Q3, 2025 Results on Nov 20, 2025 Parkson Retail Group Limited announced that they will report Q3, 2025 results on Nov 20, 2025 お知らせ • Aug 02
Parkson Retail Group Limited to Report First Half, 2025 Results on Aug 21, 2025 Parkson Retail Group Limited announced that they will report first half, 2025 results on Aug 21, 2025 お知らせ • Jun 20
Parkson Retail Group Limited Announces Board and Committee Changes The Board of Parkson Retail Group Limited has appointed Ms. Juliana Cheng San San, an executive Director and Datuk Koong Lin Loong, an independent non-executive Director, as additional members of the Nomination Committee of the Company with effect from 18 June 2025. Ms. Juliana Cheng San San and Datuk Koong Lin Loong will continue to hold their existing roles on the Board and its respective committees without any changes. Following the above change, the Nomination Committee of the Company comprises two executive Directors (namely Tan Sri Cheng Heng Jem and Ms. Juliana Cheng San San) and three independent non- executive Directors (namely Dato' Fu Ah Kiow, Mr. Yau Ming Kim, Robert and Datuk Koong Lin Loong), and has one Director of a different gender. Tan Sri Cheng Heng Jem is the chairman of the Nomination Committee of the Company. The board has designated Dato' Fu Ah Kiow, an independent non-executive Director, to assume the position of the lead independent non-executive Director (the "Lead INED") with effect from 18 June 2025. The Lead INED is not an executive position in the Company and does not have any management role in the Group. お知らせ • May 06
Parkson Retail Group Limited to Report Q1, 2025 Results on May 26, 2025 Parkson Retail Group Limited announced that they will report Q1, 2025 results on May 26, 2025 お知らせ • Feb 20
Parkson Retail Group Limited, Annual General Meeting, May 26, 2025 Parkson Retail Group Limited, Annual General Meeting, May 26, 2025. お知らせ • Jan 27
Parkson Retail Group Limited to Report Q4, 2024 Results on Feb 20, 2025 Parkson Retail Group Limited announced that they will report Q4, 2024 results on Feb 20, 2025 お知らせ • Nov 02
Parkson Retail Group Limited to Report Q3, 2024 Results on Nov 18, 2024 Parkson Retail Group Limited announced that they will report Q3, 2024 results on Nov 18, 2024 New Risk • Aug 29
New minor risk - Dividend sustainability The dividend is not well covered by earnings. The company is paying a dividend despite being loss-making. Dividend yield: 20% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (55% average weekly change). Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (€33.8m market cap, or US$37.5m). Declared Dividend • Aug 28
Dividend of CN¥0.02 announced Shareholders will receive a dividend of CN¥0.02. Ex-date: 6th September 2024 Payment date: 27th September 2024 Dividend yield will be 235%, which is higher than the industry average of 1.9%. Reported Earnings • Aug 27
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: CN¥891.9m (down 20% from 2Q 2023). Net loss: CN¥37.7m (down 187% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. お知らせ • Aug 26
Parkson Retail Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on 27 September 2024 Parkson Retail Group Limited announced interim dividend of RMB 0.02 per share for the six months ended 30 June 2024. Ex-dividend date is 06 September 2024; Record date is 11 September 2024; Payment date is 27 September 2024. お知らせ • Aug 09
Parkson Retail Group Limited to Report First Half, 2024 Results on Aug 26, 2024 Parkson Retail Group Limited announced that they will report first half, 2024 results on Aug 26, 2024 お知らせ • May 08
Parkson Retail Group Limited to Report Q1, 2024 Results on May 23, 2024 Parkson Retail Group Limited announced that they will report Q1, 2024 results on May 23, 2024 Reported Earnings • Apr 14
Full year 2023 earnings released: EPS: CN¥0.025 (vs CN¥0.15 loss in FY 2022) Full year 2023 results: EPS: CN¥0.025 (up from CN¥0.15 loss in FY 2022). Revenue: CN¥4.10b (up 10% from FY 2022). Net income: CN¥66.4m (up CN¥450.0m from FY 2022). Profit margin: 1.6% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Like-for-like sales growth: 7.1% vs FY 2022 Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. お知らせ • Apr 11
Parkson Retail Group Limited, Annual General Meeting, May 23, 2024 Parkson Retail Group Limited, Annual General Meeting, May 23, 2024, at 09:30 China Standard Time. Location: Century Room II, Basement 2, Novotel Century Hong Kong 238 Jaffe Road Wan Chai Hong Kong Agenda: To consider to receive and consider the audited consolidated financial statements and the reports of the directors and auditor for the year ended 31 December 2023; to consider to re-elect Dato' Sri Dr. Hou Kok Chung as a non-executive director of the Company; to consider to re-elect Datuk Koong Lin Loong as an independent non-executive director of the Company; to consider to authorize the board of directors to fix the directors' remuneration; to consider to re-appoint Messrs. Grant Thornton Hong Kong Limited as auditor and authorize the board of directors to fix their remuneration. Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Independent Non-Executive Director Lin Loong Koong was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 27
Full year 2023 earnings released: EPS: CN¥0.025 (vs CN¥0.16 loss in FY 2022) Full year 2023 results: EPS: CN¥0.025 (up from CN¥0.16 loss in FY 2022). Revenue: CN¥4.18b (up 13% from FY 2022). Net income: CN¥66.4m (up CN¥479.6m from FY 2022). Profit margin: 1.6% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. お知らせ • Feb 06
Parkson Retail Group Limited to Report Fiscal Year 2023 Results on Feb 26, 2024 Parkson Retail Group Limited announced that they will report fiscal year 2023 results on Feb 26, 2024 お知らせ • Nov 04
Parkson Retail Group Limited to Report Q3, 2023 Results on Nov 16, 2023 Parkson Retail Group Limited announced that they will report Q3, 2023 results on Nov 16, 2023 Upcoming Dividend • Aug 25
Upcoming dividend of CN¥0.01 per share Eligible shareholders must have bought the stock before 01 September 2023. Payment date: 20 September 2023. The company last paid an ordinary dividend in February 2013. The average dividend yield among industry peers is 1.0%. お知らせ • Aug 18
Parkson Retail Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 20 September 2023 Parkson Retail Group Limited announced interim dividend of RMB 0.01 per share for the six months ended 30 June 2023. Ex-dividend date is 01 September 2023; Record date is 06 September 2023; Payment date is 20 September 2023. Reported Earnings • Aug 18
Second quarter 2023 earnings released: EPS: CN¥0.016 (vs CN¥0.064 loss in 2Q 2022) Second quarter 2023 results: EPS: CN¥0.016 (up from CN¥0.064 loss in 2Q 2022). Revenue: CN¥1.11b (up 27% from 2Q 2022). Net income: CN¥43.2m (up CN¥210.6m from 2Q 2022). Profit margin: 3.9% (up from net loss in 2Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. お知らせ • Aug 04
Parkson Retail Group Limited to Report First Half, 2023 Results on Aug 17, 2023 Parkson Retail Group Limited announced that they will report first half, 2023 results on Aug 17, 2023 Reported Earnings • May 18
First quarter 2023 earnings released First quarter 2023 results: EPS: CN¥0.008. Revenue: CN¥1.11b (down 1.0% from 1Q 2022). Net income: CN¥19.9m (up CN¥50.0m from 1Q 2022). Profit margin: 1.8% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. お知らせ • May 06
Parkson Retail Group Limited to Report Q1, 2023 Results on May 18, 2023 Parkson Retail Group Limited announced that they will report Q1, 2023 results on May 18, 2023 Reported Earnings • Apr 15
Full year 2022 earnings released: CN¥0.16 loss per share (vs CN¥0.067 loss in FY 2021) Full year 2022 results: CN¥0.16 loss per share (further deteriorated from CN¥0.067 loss in FY 2021). Revenue: CN¥3.71b (down 20% from FY 2021). Net loss: CN¥413.2m (loss widened 135% from FY 2021). Like-for-like sales growth: Down 22.8% vs FY 2021 Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 34% per year, which means it is performing significantly worse than earnings. Reported Earnings • Feb 21
Full year 2022 earnings released: CN¥0.16 loss per share (vs CN¥0.067 loss in FY 2021) Full year 2022 results: CN¥0.16 loss per share (further deteriorated from CN¥0.067 loss in FY 2021). Revenue: CN¥3.75b (down 19% from FY 2021). Net loss: CN¥413.2m (loss widened 135% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has fallen by 32% per year, which means it is performing significantly worse than earnings. お知らせ • Feb 14
Parkson Retail Group Limited Provides Unaudited Consolidated Earnings Guidance for the Year Ended 31 December 2022 Parkson Retail Group Limited provided unaudited consolidated earnings guidance for the year ended 31 December 2022. For the year, the Group will record a loss of approximately RMB 415.0 million compared with a loss of RMB 170.6 million for the corresponding period in 2021. The Losswas mainly attributable to the impact on the Group's business as a result of the resurgence of COVID-19 cases in China and related prevention and control quarantine measures during the Year. お知らせ • Feb 08
Parkson Retail Group Limited to Report Fiscal Year 2022 Results on Feb 20, 2023 Parkson Retail Group Limited announced that they will report fiscal year 2022 results on Feb 20, 2023 お知らせ • Feb 07
Parkson Retail Group Limited Announces Chief Financial Officer Changes The board of directors (the "Board") of Parkson Retail Group Limited announced the appointment of Mr. Yoong Kang Chee as the Chief Financial Officer of the Group ("CFO") on behalf of the Company and its subsidiaries (collectively referred to as the "Group") with effect from 1 February 2023. Upon the appointment of Mr. Yoong as the CFO, Ms. Juliana Cheng San San relinquished her role as the Acting CFO and remains an Executive Director of the Company. Mr. Yoong, aged 42, joined the Group as the Corporate Officer in October 2020, in charge of the Corporate Finance Department. Mr. Yoong has over 15 years of wide-ranging experience spanning retail, consumer, infrastructure, environmental protection and manufacturing industries, and has extensive exposure in financial and business management. He had also served as the Vice President and Treasurer at Shanghai Singapore Business Association for a one-year term in 2017, the precursor to Singcham Shanghai. Mr. Yoong holds a Bachelor's Degree from Tsinghua University, School of Economics and Management, majoring in Management Information System and is a Chartered Financial Analyst (CFA) charterholder. The Board would like to express its warm welcome to Mr. Yoong on his new appointment. Reported Earnings • Nov 18
Third quarter 2022 earnings released Third quarter 2022 results: CN¥0.026 loss per share. Revenue: CN¥932.2m (down 11% from 3Q 2021). Net loss: CN¥69.0m (loss widened 38% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 46% per year, which means it is performing significantly worse than earnings. お知らせ • Nov 09
Parkson Retail Group Limited to Report Q3, 2022 Results on Nov 17, 2022 Parkson Retail Group Limited announced that they will report Q3, 2022 results on Nov 17, 2022 Reported Earnings • Aug 19
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: CN¥876.4m (down 26% from 2Q 2021). Net loss: CN¥167.4m (down CN¥174.0m from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has fallen by 45% per year, which means it is performing significantly worse than earnings. お知らせ • Aug 09
Parkson Retail Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 Parkson Retail Group Limited provided earnings guidance for the six months ended 30 June 2022. For the period, the company the Group will record a loss attributable to equity holders of the Company of approximately RMB 200.0 million for the Period, compared with a profit attributable to equity holders of the Company of RMB 7.0 million for the corresponding period in 2021. お知らせ • Jul 01
Parkson Retail Group Limited Announces Re-Designation of Zhou Jia from Acting Chief Executive Officer to Chief Executive Officer The board of directors of Parkson Retail Group Limited announced that Zhou Jia will be re-designated from the Acting Chief Executive Officer to the Chief Executive Officer of the Group with effect from 1 July 2022. Zhou, aged 50, was appointed the Acting Chief Executive Officer of the Group on 1 January 2022. In 1995, he joined the Merchandising Division of Chongqing Wanyou Parkson and was promoted to Assistant General Manager of Kunming Parkson in 2002. Zhou was subsequently promoted as the Head of Kunming Parkson in 2004, the Regional General Manager in 2010, the Group's Senior Operating Officer in 2014 and the Chief Operating Officer of the Group in 2016. Zhou is a director of various subsidiaries, associates and a joint venture of the Group. Zhou holds a Bachelor's Degree in Business Administration from Yuzhou University (currently known as Chongqing Technology and Business University). Reported Earnings • May 20
First quarter 2022 earnings released First quarter 2022 results: CN¥0.011 loss per share. Revenue: CN¥1.12b (down 14% from 1Q 2021). Net loss: CN¥30.1m (down CN¥30.5m from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings. お知らせ • May 07
Parkson Retail Group Limited to Report Q1, 2022 Results on May 19, 2022 Parkson Retail Group Limited announced that they will report Q1, 2022 results on May 19, 2022 Reported Earnings • Apr 15
Full year 2021 earnings released: CN¥0.067 loss per share (vs CN¥0.095 loss in FY 2020) Full year 2021 results: CN¥0.067 loss per share (up from CN¥0.095 loss in FY 2020). Revenue: CN¥4.64b (up 5.8% from FY 2020). Net loss: CN¥176.0m (loss narrowed 30% from FY 2020). Like-for-like sales growth: 4.7% vs FY 2020 Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. お知らせ • Apr 14
Parkson Retail Group Limited, Annual General Meeting, May 19, 2022 Parkson Retail Group Limited, Annual General Meeting, May 19, 2022, at 10:00 China Standard Time. Location: Room 1010, 10th Floor, Harcourt House, 39 Gloucester Road Wanchai Hong Kong Agenda: To receive and consider the audited consolidated financial statements and the reports of the directors and auditor for the year ended 31 December 2021; to re-elect the following directors of the Company (the "Directors") pursuant to the Articles of Association (the "Articles of Association") of the Company; to re-elect Tan Sri Cheng Heng Jem as an executive director of the Company; to re-elect Mr. Yau Ming Kim Robert as an independent non-executive director of the Company; to authorize the board of directors to fix the directors' remuneration; to re-appoint Messrs. Grant Thornton Hong Kong Limited as auditor and authorize the board of directors to fix their remuneration; and to consider other matters. Reported Earnings • Feb 22
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: CN¥0.067 loss per share (up from CN¥0.095 loss in FY 2020). Revenue: CN¥4.74b (up 8.2% from FY 2020). Net loss: CN¥176.0m (loss narrowed 30% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. お知らせ • Feb 10
Parkson Retail Group Limited to Report Fiscal Year 2021 Final Results on Feb 21, 2022 Parkson Retail Group Limited announced that they will report fiscal year 2021 final results on Feb 21, 2022 Reported Earnings • Nov 19
Third quarter 2021 earnings released: CN¥0.019 loss per share The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: CN¥1.04b (down 10.0% from 3Q 2020). Net loss: CN¥49.9m (loss widened 224% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Reported Earnings • Sep 26
Second quarter 2021 earnings released: EPS CN¥0.002 (vs CN¥0.016 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.18b (up 9.9% from 2Q 2020). Net income: CN¥6.58m (up CN¥49.3m from 2Q 2020). Profit margin: 0.6% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 24
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: CN¥1.18b (up 9.2% from 2Q 2020). Net income: CN¥6.58m (up CN¥49.3m from 2Q 2020). Profit margin: 0.6% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Reported Earnings • Apr 17
Full year 2020 earnings released: CN¥0.095 loss per share (vs CN¥0.085 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥4.41b (down 12% from FY 2019). Net loss: CN¥250.1m (loss widened 12% from FY 2019). Like-for-like sales growth: Down 18.7% vs FY 2019 Over the last 3 years on average, earnings per share has fallen by 43% per year whereas the company’s share price has fallen by 39% per year. Reported Earnings • Feb 23
Full year 2020 earnings released: CN¥0.095 loss per share (vs CN¥0.085 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CN¥4.43b (down 12% from FY 2019). Net loss: CN¥250.1m (loss widened 12% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings. お知らせ • Feb 10
Parkson Retail Group Limited to Report Fiscal Year 2020 Results on Feb 22, 2021 Parkson Retail Group Limited announced that they will report fiscal year 2020 results on Feb 22, 2021 お知らせ • Dec 01
Parkson Retail Group Limited Announces Executive Changes Parkson Retail Group Limited announce that Mr. Ko Desmond has resigned as an independent non-executive director and member of Audit Committee and Remuneration Committee of the Company with effect from 30 November 2020 due to other work commitments . After the resignation of Mr. Ko, the Company's number of independent non-executive directors as well as the composition of the Company's audit committee fail to meet the requirements under Rule 3.10, Rule 3.10A and Rule 3.21 of the Rules Governing the Listing of Securities (the "Listing Rules") on The Stock Exchange of Hong Kong Limited (the "Stock Exchange") and terms of reference of the audit committee of the Company. At the same time, the composition of the Company's remuneration committee fails to meet the membership requirements under the terms of reference of the remuneration committee. お知らせ • Nov 07
Parkson Retail Group Limited to Report Q3, 2020 Results on Nov 19, 2020 Parkson Retail Group Limited announced that they will report Q3, 2020 results on Nov 19, 2020 Reported Earnings • Sep 24
First half earnings released Over the last 12 months the company has reported total losses of CN¥436.1m, with losses widening by 495% from the prior year. Total revenue was CN¥4.39b over the last 12 months, down 12% from the prior year.