Parkson Retail Group Full Year 2023 Earnings: EPS: CN¥0.025 (vs CN¥0.15 loss in FY 2022)

Parkson Retail Group (HKG:3368) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥4.10b (up 10% from FY 2022).
• Net income: CN¥66.4m (up from CN¥383.6m loss in FY 2022).
• Profit margin: 1.6% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue.
• EPS: CN¥0.025 (up from CN¥0.15 loss in FY 2022).

3368 Sales Performance

• Like-for-like sales growth: 7.1% vs FY 2022.

All figures shown in the chart above are for the trailing 12 month (TTM) period

The primary driver behind last 12 months revenue was the Retail segment contributing a total revenue of CN¥4.07b (99% of total revenue). Explore how 3368's revenue and expenses shape its earnings.

Parkson Retail Group's share price is broadly unchanged from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Parkson Retail Group that you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.