Better operating profit from China narrows Parkson’s 2Q net loss
KUALA LUMPUR (Feb 25): Parkson Holdings Bhd has narrowed its net loss to RM28.
Parkson to challenge S$3.8m claim by Vietnamese landlord, suspends loss-making store ops in Danang
KUALA LUMPUR (Jan 18): Parkson Holdings Bhd announced that Parkson Vietnam Co Ltd (PVC) had received a letter from its landlord in Vietnam alleging, among others, that PVC is required to pay a total amount of VND66.
Parkson 1Q net losses narrow on sales recovery in China and Malaysia
KUALA LUMPUR (Nov 26): Parkson Holdings Bhd managed to reduce its year-on-year losses for the first quarter ended Sept 30, 2020 (1QFY21) on better operating profits from its Malaysia and China operations.
Parkson posts bigger loss in 2Q, maintains positive outlook on Chinese market
KUALA LUMPUR (Aug 28): Parkson Holdings Bhd’s net loss for the fourth quarter ended June 30, 2020 (4QFY20) ballooned to RM209.
Parkson gets RM2b loan facility for refinancing, working capital needs
KUALA LUMPUR (Oct 23): Parkson Holdings Bhd’s 54.
Parkson narrows 4Q net loss on profitable Malaysian operations, higher profits in China
KUALA LUMPUR (Aug 29): A profitable performance in its Malaysian operation and higher profits in China have helped Parkson Holdings Bhd narrowed its net loss in the fourth financial quarter ended June 30, 2019 (4QFY19).
Parkson Retail Asia CEO Michael Remsen resigns
KUALA LUMPUR (Dec 22): Larry Michael Remsen has resigned as the chief executive officer (CEO) of Parkson Holdings Bhd’s 67.
Parkson still in the red with RM13.8m 2Q net loss
KUALA LUMPUR (Feb 26): Parkson Holdings Bhd remained in the red for its fourth consecutive quarter, reporting a net loss of RM13.
Parkson to make gain of RM300 mil from divesting subsidiary
Parkson Holdings Bhd (Sept 14, 81 sen) Maintain underperform with an unchanged target price of 70 sen: Parkson Holdings Bhd’s 54.
Parkson to sell interest in China unit
KUALA LUMPUR (Sept 14): Parkson Holdings Bhd is disposing of its interest in an indirect wholly-owned China subsidiary along with the relevant shareholders’ loan which it says will boost its current year earnings by RM300 million.
