Parkson Retail Asia
DEPARTMENT store operator Parkson Retail Asia posted a net loss of S$11.1 million for the first quarter ended Sept 30, narrowing slightly from a loss of S$12.9 million a year ago.
THE following companies saw new developments which may affect trading of their shares on Friday.
PARKSON Retail Asia expects its performance to improve in the coming financial year as it works on boosting topline growth and pulled out of underperforming stores and ventures in FY18.
PARKSON Retail Asia's net loss for the fourth quarter ended June 30, 2018 narrowed from S$41.71 million to S$18.58 million due to lower expenses.