SUBSCRIBERS
Parkson Retail shares down 17% on loss warning
Published Mon, May 9, 2016 · 09:50 PM
Singapore
PARKSON Retail Asia plunged 17 per cent to S$0.191 on Monday, leading up to the release of its third-quarter results on May 12.
Last Friday, the department store operator said that the group will be reporting a loss for the quarter ended March 31, 2016 - a reversal from having made a profit for the corresponding quarter a year ago.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance