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3368 — Parkson Retail News Story

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Brief: Parkson Retail Group FY profit attributable RMB147.3 mln vs loss of RMB186.2 mln last year

Feb 20 (Reuters) - Parkson Retail Group Ltd  3368.HK  
    * fy total gross sales proceeds ("GSP") decreased by 8.3% to 
rmb16.60 billion. 
    * same store sales for q4 increased by 1.4% 
    * proposed interim dividend of approximately rmb53.0 million 
or rmb0.02 per share 
    * merchandise gross margin decreased by 0.3% to 16.5% in 
2016 
    * fy profit attributable rmb 147.3 million versus loss of 
rmb186.2 million 
    * " group will be diligently increasing its investment in 
F&B during 2017" 
 
Source text for Eikon:  ID:nHKS6XWh1d  
Further company coverage:  3368.HK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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