Parkson's Q3 earnings fall 22.6% to $7.56m
Profit hit by poorer showing from the group's Malaysia, Vietnam operations
PARKSON Retail Asia posted a net profit of $7.56 million for the third quarter ended March 31, 2014, down 22.6 per cent year on year, partly due to a poorer performance by its Malaysia and Vietnam operations.
Revenue edged down 1.7 per cent to $106.71 million, on the back of negative same-store sales growth in Vietnam and the weaker Indonesian rupiah.
Earnings per share were 1.12 cents, down from 1.44 cents.
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